S. 263 : Commissioner-Revision of orders prejudicial to revenue-Discrepancy in sales promotion expenses-Clarified by assessee-Plausible view after relevant inquiries-Revision is not valid.[S.37(1), 143(3), Explanation 2 to S. 263]

S. 263 : Commissioner-Revision of orders prejudicial to revenue-Survey-Surrender letter-Business income-No findings were recorded by the Principal Commissioner how the deeming provisions were applicable and the order passed by the Assessing Officer was erroneous-Survey operation at business premises alone cannot be basis for revision.[S.68, 699, 69B, 69C 69D, 115BBE, 133A]

S. 263 : Commissioner-Revision of orders prejudicial to revenue-Cash deposits-Demonetisation-Sales-Retail sale of petroleum products, customer-specific records not practicable-Assessing Officer having discretion in examination of transactions and level of inquiry-Audit report available for download and examination-Assessing Officer’s choice not to download and file copy for record not prejudicial to interests of revenue-Order is not erroneous-Cash gift from mother-Failure to explain the source-Creditors-Confirmations incomplete and deficient PCIT is justified in setting aside assessment order.[S. 68, 147 148]

S. 253 : Appellate Tribunal-Appeals-Penalty-Concealment-Fess payable is only Rs.500-Paid Rs.10,000-Registry is directed to refund of Rs.9500. [S. 253(6)(d), 254(1), 271(1)(c)]

S. 250 : Appeal-Commissioner (Appeals)-Procedure-Best judgement assessment-Dismissed ex-parte-Matter restored to Assessing Officer for assessment afresh. [S. 144, 147, Form No 26AS.]

S. 250 : Appeal-Commissioner (Appeals)-Procedure-Not adjudicated on merits-Filed written submissions-Order is set aside and grounds restored to him for decision on merits, after affording adequate opportunity of being heard-Appeal filed before Bangalore bench-Time spent in filing appeal before Bangalore Bench is to be excluded-Delay in filing appeal is condoned.[S. 254(1)), Limitation Act, 1963, S.5]

S. 250 : Appeal-Commissioner (Appeals)-Procedure-Ex-parte order-Duty of Commissioner (Appeals) to decide merits of each point arising in appeal-Matter remanded to Commissioner (Appeals) for adjudication afresh on merits after giving assessee opportunity of hearing. [S.250(4) 250(6)]

S. 246A : Appeal-Commissioner (Appeals)-Appealable orders-Only those specifically mentioned in Section-Fee-Default in furnishing the statements–Letter of ITO to assessee for recovery of outstanding demand-Not appealable. [S.234E]

S. 154 : Rectification of mistake-Mistake apparent from the record-Unexplained investments-Survey-Payment made to vendor under Registered sale-cum-General power of Attorney agreements-Amounts received as advances from 30 Persons-Only part of sum confirmed-Agreeing to addition of balance as unexplained investment-Vendor unilaterally cancelled all General Power of attorney-cum-sale agreements by registered cancellation deeds and took back possession of property on ground that he had not received any consideration from assessee-Registered cancellation of sale deed is not valid without decree of Civil Court Rejection of rectification application is valid.[S.69,133A, Specific Relief Act, 1963, S. 31, 32, 33, Registration Act, 1908,]

S. 154 : Rectification of mistake-Mistake apparent from the record-Intimation-Appeal against intimation withdrawn on ground return selected for scrutiny-Regular assessment on scrutiny made without taking into account disallowances proposed in intimation-Rectification order in respect of delayed deposit of employee contributions to the provident fund and employees Stat Insurance-Change of law-No merger of orders passed under intimation and regular assessment-Rectification is proper.[S.143(1), 143(3)]