S. 263 : Commissioner-Revision of orders prejudicial to revenue-Bad debt-Provision for bad and doubtful debts-Schedule bank-Questions were asked in the course of assessment proceedings-Replies are filed-Revision is held to be not valid-No substantial question of law. [S.36(1)(viia), 260A]

S. 263 : Commissioner-Revision of orders prejudicial to revenue-Depreciation-Internal Audit party-Assets were not put to use-Assessment order is neither erroneous or prejudicial to the interest of Revenue-Order of Tribunal is affirmed-No substantial question. of law.[S.32, 260A]

S. 263 : Commissioner-Revision of orders prejudicial to revenue-Capital gains-Cost of improvement-Cost of acquisition-Paid to shareholders under Family Settlement-Relinquishment of rights-Encumbrance charges as cost of improvement-Revision order is affirmed-Review petition is dismissed. [45, 48, 50A, 55(1))b), Art. 136]

S. 260A : Appeal-High Court-Prosecution-Appeal against acquittal undr code of 1973-High Court has power or jurisdiction to condone delay in filing an application seeking leave to appeal against an acquittal or in entertaining an appeal against acquittal under Code of 1973 [S. 279, Code of Criminal Procedure Code, 1973, 378, Limitation Act, 1963, S. 5, 24, Art. 14, 136, 226]

S. 260A : Appeal-High Court-Delay of 286 days-Order was passed by Prothonotary & Senior Master, rejecting revenue’s appeal for non-removal of office objections-All notice of motions were dismissed by High Court-SLP of Revenue is dismissed. [Art 136]

S. 254(2A): Appellate Tribunal-Stay-Political parties-Denial of exemption-Rejection of stay by the Tribunal-Tribunal is justified in rejecting the stay application. [S. 13A(2), 226, Art. 226]

S. 254(1) : Appellate Tribunal-Duties-Tribunal remanded matter back to Assessing Officer for proper verification and adjudication and decide same as per law-Failure to consider earlier order of Tribunal-Matter remanded to the Tribunal for reconsideration. [S.14A, 260A]

S. 245C : Settlement Commission-Settlement of cases-Failure to make true and full disclosure of income and its sources-Rejection of appllication is affirmed. [S. 132, Art. 226]

S. 244A : Refunds-Interest on refunds-Lease rent on the basis of actual production days-Deducted TDS on higher on the basis of anticipating tax liability-Excess TDS paid is directed to be refund with interest.[S. 195, Art. 226, 265]

S. 244 : Refund-Interest on refunds-Not entitle to interest at the rate of 18 per ccent-Salary paid in arrears or in advance-Refundable amount-Relief under section 89 is to be considered at time of calculating payable amount of tax there is no provision in Act to refund amount of relief granted under section 89 as it is [. S. 89(1), 237, Art. 226]