S. 80G : Donation-Commenced its activities much prior to grant of provisional approval under section 80G(5)-Assessee would be entitled to file application for grant of regular approval under section 80G(5) prior to six months of expiry of provisional approval.[S.80G(5), Form No. 10AB]

S. 80G : Donation-Failure to appear before CIT(E)-Rejection of application in limine-Matter remanded back to Commissioner for decision afresh on merits. [S.80G(5)]

S. 69C : Unexplained expenditure-Composite trading and profit and loss account-Sales accepted-Failure to response to notices issued by Revenue-s Ad-hoc disallowance of purchase of Milk is deleted.

S. 69C : Unexplained expenditure-Un explained investment-Bogus purchases-Accommodation entries-Sales accepted-Addition is restricted to gross profit of 6.19%. [S.28(i), 69, 143]

S. 69C : Unexplained expenditure-Bogus purchases-filed details of purchases made and corresponding quantity of sales made-Entire purchases could not have been added to income-Only profit element can be taxed.

S. 69C : Unexplained expenditure-Diary-Cash expenses-Absence of specific details in the affidavit-Addition is affirmed. [S. 132]

S. 69A : Unexplained money-Cash deposit-Demonetization period-Source explained-Addition is deleted.[S.115BBE]

S. 69 :Unexplained investments-Cash deposit of 3 lakh-Returned income of assessee is more than Rs. 50 lakhs, cash deposit of around 3 lakhs could not be treated as unexplained investment.

S. 69 :Unexplained investments-Bogus purchases-Accommodation entries-Disallowance is restricted at rate of 6 per cent of bogus purchases-Sale of shares-Explained the source of purchase-Order of CIT(A deleting the addition is affirmed-Reassessment is affirmed.[S. 147, 148]

S. 68 : Cash credits-Penny stock-Long term capital gains-Accommodation entries-DMAT-Sale of shares of PS Infrastructure and Services Limited-Addition is deleted-Exemption is allowed.[S. 10(38), 45]