S. 147 : Reassessment-After the expiry of four years-Failure To Disclose material facts-Not disclosing receipts under Section 194J and reimbursement of expenses-Proper recording of satisfaction-Notice valid. [S. 148, 151, 194C, 194J, Form 26AS]

S. 147 : Reassessment-After the expiry of four years-False disclosure is not true disclosure-Shell companies-Share premium-Share capital-Radha Fincom Pvt Ltd-Information from investigation wing-Bogus share capital-Notice valid-Writ petition was dismissed. [S. 148, Art. 226]

S. 144C : Reference to dispute resolution panel-Principles of natural justice-Precedent-Decision of Supreme Court binding on all Courts and all authorities-Appellate Tribunal-Decision of Tribunal is binding on all authorities. [S. 254(1), Art. 226]

S. 144B : Faceless Assessment-Variation in income prejudicial to assessee-Failure to provide requested opportunity of personal hearing-Assessment order and consequent notices set aside. [S. 143(3), 144B(7)(vii), 156, 270A, Art. 226]

S. 144B : Faceless Assessment-Draft assessment-Modification in return-Principle of natural justice-Order set aside. [Art. 226]

S. 143(3) : Assessment order-Appeal-Commissioner (Appeals)-Order passed without giving an opportunity of cross examination-Writ petition was filed after one year of passing of the Order-Writ is not maintainable-Order of single judge is affirmed. [S. 131, 246A, Art. 226]

S. 143(3) : Assessment-Violation of natural justice-High-pitched assessment-Denial of opportunity for personal hearing-Assessment not valid. [S. 143(3A), 143(3B), Art. 226]

S. 143(3): Assessment-Estimation of gross profit-Question of fact-Appeal is not maintainable. [S. 260A]

S. 143(3) : Assessment-Bogus purchases-No rule that entire purchases should be added-Sales accepted-Disallowance of 12.5 Per Cent. of purchases held to be proper. [S. 37(1)]

S. 139 : Return of income-Revised return-Export-oriented undertaking-Declaration to be furnished to Assessing Officer in writing and before due date for filing return-Filing original return on due date with Auditor’s report claiming exemption and not carrying forward any loss-Claim of exemption withdrawn in revised return filed after due date and loss claimed to be carried forward-Held to be not permissible. [S. 10B(5), 10B(8), 72, 80, 139(1), 139(3), 139(5)]