Unexplained cash-credit additions require consideration of lender-source evidence and relevant precedents before a fresh determination.

Foreign tax credit claims require verification, while genuine lack of awareness of electronic appeals can justify condoning delay.

Fees for technical services treatment of software and SaaS depends on human intervention and specialised customer-specific services.

Receipt of immovable property requires actual possession or enjoyment; redevelopment allotments exchanged for tenancy rights fall outside deemed incom...

Belated tax audit reporting may be a technical breach where the report was considered during reassessment without additions.

Commission income in principal-agent sales is estimated on limited mark-up, while agency receipts cannot be treated as turnover.

Section 54 exemption covers a multi-floor home acquired as one property, while unsupported land valuation rejection requires recomputation.

Joint development agreements trigger capital gains on development possession, while multiple allotted flats may receive residential exemption.

Bona fide Form 26QB PAN errors require verification and manual TDS credit rectification; factually flawed reassessment notices fail.

Section 80P deduction covers Souharda credit societies, including qualifying surplus-deposit interest, subject to member KYC verification for cash dep...

Unsupported cost estimation fails, while timely residential-property investment preserves section 54F relief despite procedural deposit non-compliance...

Bona fide excessive donation exemption claims with full disclosure do not justify penalty for under-reporting or misreporting income.

Joint development agreement taxability requires factual scrutiny of revenue accrual, possession, refundable deposits, and stock-in-trade character.

Mandatory scrutiny notice by the assessing officer is essential; assessment without it is jurisdictionally invalid and consequential proceedings fail.

Unsecured loan genuineness and sufficient own funds defeated cash-credit additions and interest disallowance on interest-free group advances.

Political donation genuineness requires credible proof beyond banking records when surrounding circumstances indicate possible accommodation entries.

Rectification limitation under section 154 is jurisdictional: delayed applications cannot be entertained without statutory power to condone delay.

Assessee-selected NAV valuation method limits tax scrutiny; share-premium addition cannot rest on alternative valuation or alleged FEMA breaches.

Transfer-pricing benchmarking and capital-receipt principles sustained taxpayer relief, while unsupported property-advance write-offs remained disallo...

Voluntary retirement scheme receipts treated as capital where resignation, not employer termination, governed cessation of employment.