S. 132B : Application of seized or requisitioned assets-Cash seized-Assessment quashed-Direction issued to dispose pending application expeditiously. [S. 132, 132B(4)(b), 244A, Art. 226]

S. 127 : Power to transfer cases-Order of transfer to facilitate investigation in to evasion of tax-Order of transfer is valid. [S. 124(1), Art. 226]

S. 127 : Power to transfer cases-Assessee aware of real reason for transfer of case-Natural justice-Public interest can justify Violation of principle of Audi Alteram Partem. [Art. 226]

S. 115JB : Book profit-Electricity-Provisions as it stood prior to amendment not applicable to electric company.

S. 115JB : Book profit-Provisions not applicable to Electricity Boards or similar entities totally owned by State or Central Government.

S. 80P : Co-operative societies-Regional Rural Bank deemed to be Co-Operative society-Entitled to deduction. [S. 80P(2)(a)(i), 80P(4), 271(1)(c), Regional Rural Banks Act, 1976, S. 3, 22]

S. 80IA : Industrial undertakings-Power generation units I and II constituted un undertaking-Entitled to deduction.

S. 80IA : Industrial undertakings-Infrastructure development-On facts held to be not allowable-No substantial question of law. [S.260A]

S. 80HHC : Export business-Unabsorbed losses to be taken into account before computing deduction.

S. 80G : Donation-Renewal of approval-Question whether or not the income had been applied for charitable purpose cannot be looked while granting the renewal-Renewal of approval of the assessee-trust under section 80G of the Income-tax Act, 1961 was correct. [S. 11, 12, 80G(5)(ii)]