S. 36(1)(va) : Any sum received from employees–EPF-ESI-Contribution from employees has to be paid within due date as per particular enactment-Disallowance is held to be justified. [S. (2924)(x), 43B]

S. 35DDA : Amortisation of expenditure – Voluntary retirement scheme -Deduction relating to Financial Year 2000-01, Being Fifth Year deduction is available.

S. 14A : Disallowance of expenditure – Exempt income – No disallowance can be made when the assessee has not earned any exempt income during the year. [R. 8D]

S. 10(14) : Special allowance or benefit-Employees of Life Insurance Corporation-Fixed conveyance allowance, additional conveyance allowance and expenses under head reimbursement of expenses scheme is entitled to exemption-Tax deducted at source to be reimbursed to the employees and benefit under S.89 to be extended on reimbursement of deduced amount. [S.10(14)(ii), 89, 192, R. 2BB]

S. 147 : Reassessment -Second reassessment -New tangible material was found- Reassessment is valid [ S. 148, 149(1)(b ) ]

S. 264 :Commissioner – Revision of other orders -Condonation of delay – Commission paid was claimed as deduction in the AY. 2013-14- Assessing Officer held that the Commissioner pertaining to AY. 2012-13 hence not allowed – Revision application was filed for the AY. 2012-13 , with in one month of the order for the AY.2013-14-PCIT rejected the petition on the ground that it was time barred – On writ the delay was condoned and the PCIT is directed to dispose the application on merits .[ S.143(3)]

S. 200 : Deduction at source – Duty of person deducting tax -Employer -Failure to issue Form no 16 after deducting tax at source from salary- Commissioner (TDS) is directed to file a comprehensive affidavit and Department of Revenue was also to be directed to penalise such defaulters and take other strict measures as contemplated by law against them by launching prosecution as per S.405 of the Indian Penal code ( Criminal breach of trust). [ S.192 ,Indian Penal Code S. 405 ]

S.147:Reassessment- Cash credits -Share capital- On the basis of information from CBI that the receipts were camouflaged as capital receipts- Considering fact that there were materials and informations on record with revenue-Reopening of assessment was done to verify the genuineness of the investment – R reassessment is in accordance with law- Reasons recorded by the Assessing Officer need not be communicated along with the notice itself – Notice issued for purpose of reopening of assessment would not provide a cause of action for filing writ petitions . [ S.68, 143(1),148 ]

S.143(3): Assessment- Reassessment – Notice- When return was not filed in compliance of notice issued under S. 148, issue of notice under S 143(2) is not required for making assessment. [ S. 139 ,142(1), 143(3), 148]