S. 32 : Depreciation-Telecommunication Infrastructure-Towers Constructed subsequent to commencement of business-Depreciation is allowable on all towers.

S. 32 : Depreciation-Rate of depreciation-Plant-Oil Well-Plant-Eligible for depreciation at higher rate of 80 Per Cent.-Supreme Court-SLP of Revenue is dismissed.

S. 14A : Disallowance of expenditure-Exempt income-Not recording satisfaction-Order of Tribunal deleting the disallowance is affirmed.[R.8D(iii)]

S. 11 : Property held for charitable purposes-Donations-Entire Capitation Fees-No denial of exemption if certificate in force-Entitle to exemption. [S.11(d), 12A, 12AA(4)(b)]

S. 9(1)(vii) : Income deemed to accrue or arise in India-Fees for technical services-Make available-The facts on record showed that the recipient of the services was not enabled to provide the same service without recourse to the service provider-DTAA-India-Singapore.[S. 260A, Art. 12(4)(b)]

S. 9(1)(i) : Income deemed to accrue or arise in India-Business connection-Threshold period of twelve months for activities in India not exceeded-Not taxable in India-DTAA-India-Cyprus.[Art. 5(2)(g), 7]

S. 9(1)(i) : Income deemed to accrue or arise in India-Business connection-Fees for technical services-Indian company merely displaying and storing data of Indian subscribers-Services limited to provision of E-Commerce platform of advertising of products of services in India-Standard facility-Not fees for technical services-Not taxable in India-DTAA-India-Singapore [S.9(1)(vii), Art.]

S. 4 : Charge of income-tax-Accrual of income-Interest-Interest credited to interest suspense account-Taxed in earlier year-Written off in the relevant year-Order of Tribunal is affirmed. [S. 145, 260A]

S. 153C : Assessment – Income of any other person – Search – Block period – The period of the “relevant assessment year” is to be calculated, to the date of receipt of the books of accounts, documents or assets seized by the jurisdictional AO of the non-searched person- Block periods would have to be reckoned with reference to the date of search can neither be countenanced nor accepted- Precondition of Rs. 50 lakhs or more constitutes a sine qua non for initiating action for the extended ten-year block, the aforesaid satisfaction and the reasons in support thereof would have to borne out from the satisfaction note itself. [ S.68, 69C, 153A, 260A, Art. 226 ]