S. 147 : Reassessment-After the expiry of four years-Validity-Assessee, Power of Attorney holder and selling land for owner-No evidence indicating land belonged to assessee-Assessment made in the hands of assessee not justified.

S. 145 : Method of accounting –Rejection of accounts-Net profit rate-Addition by applying net profit rate on total turnover-Accounts correct and complete-Loss suffered due to increase cost verifiable from books-Addition to be deleted.[S. 145(3)]

S. 263 : Commissioner – Revision of orders prejudicial to revenue – depreciation –Leased equipment – Revision order is quashed .[ S. 32 ]

S.69: Unexplained investment – Mismatch of dates in customer ledger account – Addition is not justified .

S.56: Income from other sources – Interest received under section 28 of Land Acquisition Act , 1894 – Chargeable to tax. [S. 56(2)(viii) , 145A(b), Land Acquisition Act , 1894 ,.28, 33, Right to Fair Compensations and Transparency in Land Acquisition , Rehabilitation and Re -Settlement (RFCT TLAAR ) Act, 2013 ]

S.35: Expenditure on scientific research – Approval of expenses – Deduction on expenditure incurred – in-house research and development facility – Allowable as deduction- Prior to amendment to section 35(2AB )by Finance Act,2015, w.e.f 1-4- 2016 [ S. 35(2AB ), Form No 3CL ]

S. 145 : Method of accounting-Rejection of accounts-Non maintenance of stock register-Accounts to tax and statutory audits-No defects pointed out by authorities-Accounts of similar nature accepted in earlier years-Mere absence of stock register no ground for rejection of accounts-Not justified.[S. 44AB, 145(3)]

S. 145: Method of accounting-Rejection of books of accounts-Audited books not declared to be incorrect-Rejection solely on the basis of photocopies of bills produced instead of original-Rejection of books not sustainable.[S.145(3)]

S. 144C : Reference to dispute resolution panel-International Transaction-Limitation-Assessment order passed beyond one month from the end month in which directions of DPR received-Relaxation under TOLA Act not applicable-Assessment order barred by limitation. [S. 144C(13) 147]

S. 143(1)(a) : Assessment-Intimation-Prima facie adjustments-Business expenditure-Employees’ contribution to provident fund-Payment date beyond date but before filing of return of income-Auditor merely stating time of remittance in report-Contribution allowable.[S. 43B]