S. 144B : Faceless Assessment-Reassessment-No jurisdictional error-Writ petition dismissed. [S. 148, 151, Art 226]

S. 139AA : Return of income-Quoting of Aadhaar Number-Mandatory linkage of Aadhaar with PAN for operation of Demat account-Reasonable restriction on privacy-Provision constitutionally valid. [IT Rules, 1962, R.114AAA, Art. 14, 19(1)(g), 21, 300A]

S. 139 : Return of income-Return declared defective under s. 139(9)-AI-generated order-Principles of natural justice-Alternative remedy of revision-Writ petition dismissed.[S. 44AB,139(9),264, Art. 226]

S. 127 : Power to transfer cases-Co-ordinated investigation-Subjective satisfaction of authorities-Power is administrative in nature and not circumscribed by express language-Transfer justified where search reveals incriminating material across group concerns-No mala fides-Writ appeals dismissed. [Art. 226]

S. 119 : Central Board of Direct Taxes-Circular-Return-Condonation of delay-Delay in filing Form No. 10-ID-Reasonable cause-Benefit claimed in return cannot be denied for procedural lapse-Authorities directed to accept belated Form as valid. [S. 119(2)(b), 139, Form 10-IC, Art. 226]

S. 119 : Central Board of Direct Taxes-Instructions-Circular- Revised return-Intimation-Condonation of delay-Refund-Mistake in filling appropriate columns in the return-intimation by CPC-CBDT ought to have condoned the delay in fling the corrected/ revised return-Writ petition allowed. [S. 119(2(b), 139(5), 143(1)(a), 237, Art. 226]

S. 92C : Transfer Pricing-Arm’s length price-Sale of power by eligible unit claiming deduction u/s 80-IA to non-eligible units-Market for electricity regulated-CUP Method-Rates charged by SEB constitute appropriate external CUP. [S. 80-IA(8), 92BA, 260A]

S. 64 : Clubbing of income-Minor child-Income includes loss-Loss of minor can be clubbed in mother’s hands and not necessarily only in father’s hands-Order of Tribunal set aside. [S.64(IA), 260A]

S. 56 : Income from other sources-Capital gains-Agricultural land-Interest on enhanced compensation for acquisition of land-Interest on delayed payment under the Land Acquisition Act partakes the character of compensation-Eligible for exemption u/s 10(37) where land is agricultural-Not “interest” u/s 2(28A), hence S. 56 not attracted. [S. 2(28A), 10(37), 45, 56(2)(viii), 145, Land Acquisition Act,1894, S. 28, 34, Art. 300A]

S. 50C : Capital gains-Full value of consideration-Stamp valuation-Transfer of leasehold rights-Provision is applicable in respect of transfer of leasehold rights in the lands which were transferred by the MIDC in favour of the assessee. [S. 2(14)(a), 50C, 260A]