S. 279 : Offences and prosecutions-Sanction-Chief Commissioner-Commissioner-Offences and prosecutions-Failure to pay to the credit tax deducted at source-Sanction for prosecution-Reasonable cause-Failure to deposit tax deducted at source due to prevalence of pandemic-Reasonable cause shown for failure-Sufficient cause-Assessee depositing tax deducted at source in phased manner with interest though after delay-Prosecution orders set aside-Order of High Court is affirmed-SLP of Revenue is dismissed. [S. 2(35), 276B, 278AA, 278B, 279, Art. 136]

S. 271(1)(c) : Penalty-Concealment-Revised return filed voluntarily-Search-No deliberate or wilful omission on part of assessee-Review petition is allowed-Professional doctor and levying penalty on him would effect his mental status as well as professional career, order of Tribunal sustaining levy of penalty is set aside.[S. 132, 139(5), 148, 260A, Civil Procedure Code, 1908, Order XLVII of Rule 1]

S. 271(1)(c) : Penalty-Concealment-Not specifying the specific charge-High Court affirmed the order Tribunal-SLP of Revenue is dismissed. [S. 274, Art. 136]

S. 271(1)(c) : Penalty-Concealment-Not specifying the specific limb-Delay of 202 days-Delay is not satisfactorily explained-SLP of Revenue is dismissed.[Art. 136]

S. 263 : Commissioner-Revision of orders prejudicial to revenue-After initiating proceedings Commissioner is required to conduct enquiry-Reasons for satisfaction or non-satisfaction are required to be recorded-Procedure is not followed-Order of Tribunal affirming the Revision is set aside-Matter remanded back to Commissioner to reconsider the reply and the documents of assessee.[S. 260A]

S. 263 : Commissioner-Revision of orders prejudicial to revenue-
Special category states-Expansion of business-Merger-Court held that since Tribunal categorically held that assessee was entitled to deduction at 100 per cent, act of Principal Commissioner amounted to revision of order of Tribunal which is beyond jurisdiction of Principal Commissioner-Order of Tribunal is affirmed. No substantial question of law.[S. 80IC 260A]

S. 263 : Commissioner-Revision of orders prejudicial to revenue-
Capital gains-High Court affirmed the order of the Tribunal quashing of revision order.[S. 45]

S. 263 : Commissioner-Revision of orders prejudicial to revenue-
Capital gains-High Court affirmed the quashing of revision order-SLP of Revenue is dismissed, delay of 484 days is not explained.[S. 45, Art. 136]

S. 263 : Commissioner-Revision of orders prejudicial to revenue-Interest on refunds-Order passed giving effect to the order of the CIT(A)-Order of Tribunal quashing the revision order is affirmed-SLP of Revenue is dismissed. [S. 244A, Art. 136]

S. 260A : Appeal-High Court-Circulars-Monetary limits-Commissioner-Revision of orders prejudicial to revenue-Tax liability in revenue appeal was below Rs. 1 crore, in view of Circular No. 5/2024, dated 15-3-2024 appeal is not maintainable before High Court. [S. 263, 268A]