S.153C : Assessment-Income of any other person-Search-Recording of satisfaction-Limitation-Preparation of satisfaction note not a mechanical process-No delay in initiation-Objection on limitation not raised before AO-Writ petition dismissed. [S.132(1), 153A, 153D, Art.226]

S.153C: Assessment-Income of any other person-Search-Recording of satisfaction-Limitation-Preparation of satisfaction note not a mechanical process-No delay; objections on limitation not raised before AO-SLP dismissed. [S. 132(1), 153A, 153D, Art.136]

S. 153A : Search assessments-Completed assessments-Additions without incriminating material not sustainable. [S. 132, 260A]

S. 153A : Search assessments-No addition in unabated years absent incriminating material. [S. 132, 260A]

S. 151 : Reassessment-Sanction for issue of notice-Mechanical approval-Principal Commissioner-Amount less than 50 lakhs-Reassessment notice was quashed. [S. 149(1)(b), 148A(b), 148A(d), Art. 226]

S. 151 : Reassessment-Sanction for notice-Approval beyond 4 years must be by Principal Commissioner, not Addl. Commissioner. [S. 148, 149, Art. 226]

S. 148A: Reassessment-Conducting inquiry, providing opportunity before issue of notice-Failure to issue notice-Order under section 148A(d) was not conclusive-Writ petition was dismissed. [S 147, 148, 148A(b), 148A(d), Art.226]

S. 148A : Reassessment-Conducting inquiry, providing opportunity before issue of notice-Failure to file return-Unexplained money-Books of accounts-Section 69A applicable even where assessee is not required to maintain books of account-Cost of Rs. 10,000 imposed to be paid to Adyar Cancer Institute-Matter remanded to NFAC-Addition confirmed as regards difference between stamp value and agreement value. [S. 56(2)(x)(b)(B), 69A, 148, 148A(b), 148A(d), Art. 226]

S. 148A: Reassessment-Conducting inquiry, providing opportunity before issue of notice-Order passed without considering the reply-Order set aside.[S. 147, 148, 148(A(b), 148A(d) Art. 226]

S. 148A : Reassessment-Conducting inquiry, providing opportunity before issue of notice-Failure to file return-Unexplained money-Section 69A is applicable even where assessee is not required to maintain books of account-Cost of Rs. 10,000 imposed on assessee to be paid to Adyar Cancer Institute-Matter remanded to NFAC-Addition confirmed as regards the difference between stamp value and agreement value. [S. 56(2)(x)(b)(B), 69A, 148, 148A(b), 148A(d), Art. 226]