S. 10A : Free trade zone-Deduction allowed for the first time in assessment year 1997-98-Deduction allowable in the assessment year 2001-02-Res Judicata-Not strictly applicable-Principle of consistency to be followed.

S. 10(26AAB) : Income of an agricultural produce market committee or board-Trading in fish, poultry and eggs-Entitled to set-off of loss against fee income. [Delhi Agricultural Produce Marketing (Regulation) Act, 1976, S. 2(1)(a)]

S. 9(1)(vii) : Income deemed to accrue or arise in India-Fees for technical services-Non-Resident-Marketing services-No Permanent Establishment in India-Not taxable-Not liable to deduct tax at source-DTAA-India-USA. [S. 201, Art. 12(4)]

S. 9(1)(i) : Income deemed to accrue or arise in India-Business connection-Permanent establishment-Global net loss-DTAA-India-Finland [Art. 7]

S. 2(22)(e) : Deemed dividend-Loans and advances-Withdrawal-Matter remanded to Tribunal. [S. 254(1), 260A]

S. 276C : Offences and prosecutions – Wilful attempt to evade tax – Death of manging partner – Failure to pay self assessment tax – Tax and interest was paid before launching of prosecution-Delay of eight years in depositing the tax and interest – Launching of prosecution is quashed . [ S. 220, 276(2), 277, 278B, Code of Criminal Procedure, 1973 , S.482 ]

S. 276CCC : Offences and prosecutions-Search cases-Failure to furnish return-Search and seizure-Block Assessment for Assessment prior to 1-1-1997-No provision for prosecution prior to that date. [S. 132, 158BC(a)(ii), 158BFA, 277, 278B, 278E]

S. 276B : Offences and prosecutions-Failure to pay to the credit tax deducted at source-Failure due to inadvertence-Deposited tax deducted at source with interest Though After Delay-Instruction F. No. 255/339/79-IT(Inv.) dated May 28, 1980-Prosecution orders were quashed. [S. 201(1), 201(IA), 278AA, 278B, 279(1), Rules 30(2), Criminal Procedure Code, S.482]

S. 276B : Offences and prosecutions-Failure to pay to the credit tax deducted at source-Failure due to inadvertence-Deposited tax deducted at source with interest Though After Delay-Instruction F. No. 255/339/79-IT(Inv.) dated May 28, 1980-Prosecution orders were quashed-SLP of revenue dismissed. [S. 201(1), 201(IA), 278AA, 278B, 279(1), Rules 30(2), Criminal Procedure Code, S.482]

S. 270AA : Immunity from imposition of penalty, etc-Opportunity of hearing must be given before rejecting application. [270AA(2), 270AA(4),Art.226].