S. 4 : Charge of income-tax–Capital or revenue–Sale of shares upon open offer–Additional consideration paid in terms of open offer due to delay in making offer and dispatch of letter offer- Capital receipt.

S. 251 : Appeal-Commissioner (Appeals)–Powers-Deduction at source- TDS return- There is no power conferred on authority to declare a TDS return as non-est exposing assessee to consequences thereof. [S. 200(3), 234E]

S. 234E : Fee-Default in furnishing the statements-Deduction at source-Fee cannot be levied in statement processed under S.200A up to 31-05-2015. [S. 200A]

S. 206C : Collection at source–Scrap-Ship breaking–Declaration from buyer that he is purchasing goods for reuse in manufacturing process or producing article or things-Tax not required to be collected. [S. 206C(7), 206(IA)]

S. 153 : Assessment–Reassessment–Limitation-Commissioner (Appeals) set aside order of Assessing Officer dt. 29-3-2000 vide his order dt. 27-11-2000 -Set aside assessment was completed on 31-3-2003- Set aside assessment was to be completed before 31-3-2002 – Asessment was completed on 31-3-2003- Barred by limitation -Order passed by Commissioner (Appeals) after 1-4-2000-, new assessment is to be completed within one year from end of financial year in which order was passed by Commissioner (Appeals). [S. 153(2A)]

S. 148 : Reassessment–Notice-Dead person-Notice issued on dead person is invalid. [S. 147, 159(2b), 292B, 292BB.]

S. 147 : Reassessment-Share capital-Assessing Officer never formed an opinion that there was escapement of income-Reassessment is held to be not valid. [S. 68, 148].

S. 115JB : Book profit–Amalgamation-Revaluation on basis of fair market value (FMV)-Revaluation was mandated by order of High Court approving amalgamation scheme-Difference arising between book value of shares shown in books of amalgamating company and FMV of shares which formed capital reserve of assessee, could not be added while computing book profit. [S. 145]

S. 115JB : Book profit – Share of profit from AOP- Insertion of clause (iic) in Explanation 1 to section 115JB by Finance Act, 2005, w.e.f. 1-4-2016, is retrospective in nature- Share income would not be included while computing total income for purpose of book profit [ S. 67A, 86]

S. 115BBE : Tax on income referred in S 68, 69, 69B, 69C, S69D-Set off of loss-Survey-Surrender of income-Set off of losses was to be allowed-The amendment made to section 115BBE denying the benefit of set off of losses with effect from 1-4-2017 was retrospective in nature. [S. 68 to 69C, 71, 115BBE, 133A]