S. 244A : Refunds-Interest on refunds –Equalisation levy-Refund Interest on refund equalisation levy paid by assessee after three years compensation for use and retention of money collected in excess-Direction for payment of interest at rate of six per cent. From April 1 of the year following the financial year in which excess payments were made by assessee till date of actual refund-When the collection is illegal, there is a corresponding obligation on the Department to refund such amount with interest inasmuch as they have retained and enjoyed the money deposited. A refund due and payable to the assessee is a debt owed and payable by the Department.[Finance Act, 2016, ss. 164(i), 165, 166, 168(1), Art. 226]

S. 226 : Collection and recovery-Modes of recovery-Stay-Pendency of appeal before CIT(A)-20 per cent of demand Computation of such amount-Amounts deducted and collected at source to be factored-The Assessing Officer could not have recovered more than 20 per cent of demand. [S. 156, 246A, 250, Art. 226]

S. 201 : Deduction at source-Failure to deduct or pay-Order passed beyond reasonable time-Barred by limitation-Deduction of tax at source default after four years from financial years in question. [S. 201(1) 201(IA), 260A]

S. 197 : Deduction at source-Certificate for lower rate-Assessing Officer passed an order on the assessee’s application under section 197 of the Income-tax Act, 1961 determining the rate of deduction of tax of 0.80 per cent. instead of lower rate of 0.35 per cent. on payments covered by section 194-0-Order set aside.[S.194-O, Art. 226]

S. 158BB: Block assessment-Computation-Undisclosed income –Books and documents discovered during search-Addition is valid. [S. 132, 260A]

S. 154: Rectification of mistake-Mistake apparent from the record-Refund-Amalgamation-Directions issued for expeditious disposal of rectification application and grant of refund upon migration of cases within Department. [S. 237, Art. 226]

S. 154 : Rectification of mistake-Mistake apparent from the record-Notice issued in name of dead person-Notice quashed. [Art. 226]

S. 153A: Assessment-Search-Undisclosed income-No incriminating material-Order of Tribunal deleting the addition is affirmed. [S. 132, 260A]

S. 151 : Reassessment-Sanction for issue of notice –Approval taken of Principal Commissioner-Note sheets disclosing records placed containing remark of Joint Commissioner-Not resulting in wrongful exercise of jurisdiction by Principal Commissioner Remark of Joint Commissioner facilitating application of mind by Principal Commissioner-Sanction is valid. [S. 147, 148, Art. 226]

S. 148A: Reassessment-Conducting inquiry, providing opportunity before issue of notice–Assessee must be given an opportunity of personal hearing.[S. 148A(b), 148A(d), Art. 226]