S. 145: Method of accounting-Undisclosed sales-Search-Estimated yield ratio-Low yield-Rejection of books of account not valid-Order of Tribunal deleting the disallowance was affirmed.[S.69A, 132, 145(3), 260A]

S. 144C : Reference to dispute resolution panel-Non eligible assessee-Assessing Officer cannot pass draft assessment order under section 144C(1)-Draft assessment order, final assessment order and notices of demand and penalty set aside. [S. 92CA(3), 143(3), 144C(15), 156, 270A, 271AAC, Art. 226]

S. 127: Power to transfer cases-Search-Udaipur to Delhi-With implementation of faceless assessment regime, transfer was neither reasonable nor justifiable-Order of transfer was set aside [S. 132, Art.226]

S. 119 : Central Board of Direct Taxes-Circular-Return-Delay of 12 days-COVID-19-related constraints-PCIT acts as a quasi-judicial body-Under an obligation to pass a reasoned order-Order was set aside, and the matter was remanded back to PCIT for a de novo consideration to decide the application. [S. 119(2)(b),139(4) Art, 226]

S. 119: Central Board of Direct Taxes-Circular-Form 10-IC-60-day delay-Mistake of accountant-Matter remanded to the file of PCIT for de novo consideration. [S. 115BAA,119(2)(b), 139(1), Form-10-IC, Art. 226]

S. 119: Central Board of Direct Taxes-Circular-Return for losses-Inadequate advice by a Chartered Accountant admitted by filing an affidavit-Delay was condoned-Order rejecting the application was set aside. [S.80, 119(2)(b) 139, 153(1B) Art. 226]

S. 119: Central Board of Direct Taxes-Circular-Carry forward and set off of business losses-Failure to up load the return within the due date of filing of return-Chartered accountant was busy with family function-Application for condonation of delay was rejected by the CCIT-On writ the Court held that Chief Commissioner could not have rejected application as filing of return for claiming benefit under provision of Act was procedural and benefit accrued to assessee could not be taken away on account of technicalities when there was a genuine hardship. The matter was remanded to the Chief Commissioner to pass a fresh order to condone the delay in filing the return. [S. 44B, 72 139, Art. 226]

S. 119: Central Board of Direct Taxes-Circular-Audit report in Form 10B was obtained in time and uploaded with a delay of 181 days-Mistake of the accountant of the Auditor-Delay was condoned-Order of CIT(E) was quashed and set aside.[S. 11, 12, 119(2)(b),143(1) form No 10B, Art. 226]

S. 119: Central Board of Direct Taxes-Circular-Property held for charitable purposes-Form No 10B delayed by 29 days-Delay was condoned, and the revenue was directed to allow exemption. [S. 11, 12A, 119(2)(b), Form No.10B, Art. 226]

S. 119: Central Board of Direct Taxes-Circular-Property held for charitable purposes-Delay of 16 days in uploading the Form No 10B-Mistake of the auditor-Order rejecting the application was set aside. [S.11, 12,12A, 119(2)(b),143(1), 154, Form No 10B, Art. 226 ]