S. 201 : Deduction at source-Failure to deduct or pay-Assessee in default-Assessee cannot be treated as an assessee in default for non-deduction of tax where payment was made without deduction pursuant to an interim order of the Court. [S. 192, 201(IA)]

S. 153A: Assessment-Search-Long-term capital gains-exemption-In case of unabated assessment, no addition can be made in the absence of incriminating material found during search. [S.10(38), 68, 132, 260A]

S. 151 : Reassessment-Sanction for issue of notice-Multiple presentation for proposal for initiation of reassessment proceedings-Proposal for reopening rejected under section 151 cannot be repeatedly represented for reconsideration and approval. (S. 147, 148, 260A)

S. 148A: Reassessment-Conducting inquiry, providing opportunity before issue of notice-Cash deposits in bank-Notice is valid where information and material disclose unexplained cash deposits and possible escapement of income. [S. 68, 147, 148, 148A(b), 148A(d), Art. 226]

S. 148: Reassessment-Notice-Limitation-Fresh notice under section 148 cannot be issued for the same assessment year after reassessment proceedings initiated under an earlier notice become time-barred. [S. 147, 153(2), Art. 226]

S. 148:Reassessment-Notice-Reassessment proceedings cannot be initiated after all tax liabilities of the corporate debtor stand extinguished under an approved resolution plan. [S. 147, Insolvency and Bankruptcy Code, 2016, Art. 226]

S. 143(1) : Assessment-Intimation-Prima facie adjustment-Deduction examined and allowed in regular assessment cannot subsequently be disallowed under section 143(1)-Revenue is directed to refund the amount as adjusted against the outstanding demand with applicable interest in a time-bound manner within period of eight weeks. [S. 10B, 143(1), 143(3), 154, 245, Art. 226]

S. 139 : Return of income-Updated return-Updated return under section 139(8A) cannot be filed where assessment proceedings are pending-Press Release dated 23-12-2025 applicable only to identified taxpayers. [S. 139(8A), 143(2), 143(3), 144B, Art. 226]

S. 92C: Transfer pricing-Arm’s length price-Avoidance of tax-International transaction-Draft assessment order-Assessment order passed without considering objections filed before DRP cannot be sustained merely because a copy of the objections was not forwarded to the AO. (S. 92CA, 144C(2)(b), 144C(4), Art. 226]

S. 80P : Co-operative societies-Return of income-Chapter VI-A-Deduction under section 80P cannot be allowed in the absence of a return of income. [S. 80P(2), 80A(5), 139,142(1), 260A]