S. 206C : Collection at source-Scrap-Purchase of scrap material from railways which was subjected to TCS, resale of same material by assessee would not partake a different character and he would be held-in default for non collection of tax at time of resale. [S. 206C(6A) 206C(7)]

S. 194I : Deduction at source-Rent-State Government-Krishi Upaj Mandi Samiti-Income exempt-Not liable to tax at source. [S.10(26AAB)]

S. 194A : Deduction at source-Interest other than interest on securities-Interest payable to any of individual account holder did not exceed Rs. 2,500 in a Financial year-Not liable to deduct tax at source. [S. 201]

S. 167B : Charge of tax-Shares of members unknown-Association of person (AOP)-Income of its Members exceeded basic exemption limit-Liable to be taxed at maximum marginal rate. [Societies Registration Act, 1860]

S. 154 : Rectification of mistake-Transfer of land used for agricultural purposes-Whether HUF is entitle to exemption-Debatable-Rectification order is held to be not valid. [S. 54B]

S. 148 : Reassessment-Notice-Recorded reasons-Failure to provide complete details of reasons recorded and not merely few extracts of said reasons-Reassessment is held to be bad in law. [S. 147]

S. 147 : Reassessment-With in four years-Information from Local Authority stating that building competition certificate was not issued-Reassessment is held to be valid. [S. 80IB(10) 148]

S. 145 : Method of accounting-Dealing in a large number of small items-Non-maintenance of stock register could not be basis for rejection of books of account-Applying Gross Profit Rate of year is not correct method of valuation of stock which ideally should be valued at cost or market price.

S. 144C : Reference to dispute resolution panel-In respect of period prior to 1-4-2020 cases in which no variations in returned income or loss were proposed, draft assessment orders were not required to be issued. [S. 92C]

S. 143(3) : Assessment-Survey-Undisclosed income-Accommodation entries-Commission income-Amount not recovered allowable as deduction from the undisclosed income estimated. [S. 28(i) 68, 133A]