S. 271(1)(c) : Penalty-Concealment-Wrong claim of deduction-Order of Tribunal deleting the penalty is affirmed.[S. 260A]

S. 271(1)(c) : Penalty-Concealment-Furnishing inaccurate particulars-Order of penalty should clearly specify ground on which it is levied. [S. 260A]

S. 270AA : Immunity from the imposition of penalty, etc-No opportunity of hearing-No evidence to show misrepresentation of income or suppression of facts-Voluntary disclosure by the assessee and the failure of the authorities to properly apply the provisions, the court quashed the penalty order. [S. 264, 270A(9) 270AA(4), Art. 226]

S. 263 : Commissioner-Revision of orders prejudicial to revenue-Special Economic Zones-Subjective exercise-Order of Tribunal quashing the revision is affirmed.[S.10AA]

S. 263 : Commissioner-Revision of orders prejudicial to revenue-Survey-Stock-Order of revision is not valid.[S.133A]

S. 245D : Settlement Commission-Settlement of cases-Procedure-Application-Amendment by Finance Act, 2007-Settlement Commission called report-Failure to submit report with in time-Direction to proceed with application is valid-Writ petition of Revenue is dismissed. [S.245D(1), 245D(2B), 245D(2C), 245D(4), Art. 226]

S. 225 : Collection and recovery-Stay of proceedings-Pendency of appeal before CIT(A)-Deposit of 20 Per Cent. of demand-Liberty reserved to assessee to request Commissioner (Appeals) to consider merits of case expeditiously. [S. 226,250, Art. 226]

S. 194H : Deduction at source-Commission or brokerage-Discount price-Franchisees or distributors at discount price-Assessee Cannot be made to ask for information from franchisee or distributor and deduct tax at source-Not under obligation to deduct tax at source on income or profit component in payments received by franchisees or distributors from third parties or customers, or while selling or transferring prepaid coupons or starter-Kits to distributors-Not liable to deduct tax source-Obligation to deduct tax at source arises only when legal relationship of Principal-Agent is established-Obligation and time and manner in which tax to be deducted at source, fixed by statute which cannot be modified or postponed on concession by Department-Servant-Distributor-Franchisee-Independent Contractor [S.119, 204, Contract Act, 1872, S.186]

S. 194C : Deduction at source-Contractors-Provision does not contemplate existence of contractual relationship between person responsible for paying and contractor-Existence of contract can be an arrangement which contractor had with payer-No discretion in payer to examine or contemplate chargeability of payment to tax-Payments of external development charges to Urban Development Authority of State Government under direction of Directorate of town and country planning-Absence of formal contract between authority and department does not absolve assessee from liability to deduct tax at source-State Government-Immunity from taxation-Statutory authority established by an enactment of State legislature-Not a Government-Does not have immunity from Union taxation-Penalty-Interest-Reasonable cause-Taxability position remaining unclear-Directions issued accordingly-Reassessment-Notice-Failure to deduct tax at source on payment to statutory authority-Notice based on issue of applicability of Section 194C-Notice and order is set aside. [S. 147, 148,190, 196(1) 196(3) 197, 197A, 201, 221, 271C, 273B, Art. 226, 289

S. 154 : Rectification of mistake-Mistake apparent from the record-Refund-Interest-Adjustment of refund-Order giving effect to court order-Quashing of reassessment proceedings-Pendency of rectification application-Directions issued to Assessing Officer.[S. 148, 237, Art. 226]