S. 194C : Deduction at source-Contractors-Advance payment-Liability to deduct tax at source only if there is income-Reimbursement of expenses-No income arises-Tax not deductible at source. [S. 190]

S. 153A : Assessment-Search-Deletion of addition is held to be justified-No question of law. [S. 260A]

S. 147 : Reassessment-Notice issued after proper sanction-No return submitted in response to notice-Existence of alternate remedy-Writ to quash the notice is held to be not maintainable. [S. 148, 151, Art. 226]

S. 147 : Reassessment –With in four years- Change of opinion- Speculative transactions – Reassessment is held to be not valid. [S. 43(5), 148]

S. 147 : Reassessment-With in four years-Agricultural land-Change of opinion-Reassessment is held to be not valid. [S.2(14), 148]

S. 147 : Reassessment-With in four years-Capital gains-Advance received-Addition cannot be made as income from other sources- Addition is held to be not justified-Reassessment was quashed. [S. 2(27(v), 45, 56, 148]

S. 147 : Reassessment-After the expiry of four years-No failure to disclose material facts-Denial of exemption-Reassessment notice is held to be not valid. [S. 10(15)(iv)(c), 148, 154, Art. 226]

S. 147 : Reassessment-After the expiry of four years-No failure to furnish material facts-Reply to Audit to drop the proceedings- Purchase and sale of shares disclosed in the course of original assessment proceedings-Reassessment is held to be not valid [ S. 56(2)(vii)(a), 147]

S. 147 : Reassessment-After the expiry of four years-Transfer of shares-Gift-No failure to disclose facts-Change of opinion- Reassessment notice is held to be not valid. [S. 45, 148]