Bank deposits as business turnover cannot be taxed again as unexplained income where presumptive profit was already offered.

Transfer pricing benchmarking must follow segmental profitability and FAR-comparable exporters, with the statutory tolerance band applied.

Capital gains computation must allow fair market value substitution and proper scrutiny of valuation claims before taxing sale proceeds.

Household withdrawals, unexplained creditors, and freight TDS disallowance were each tested on evidence and sustained or deleted accordingly.

Related-party slump loss and compensation receipts taxed as revenue while own-fund interest claims and section 14A relief were upheld

Typographical error in employer TAN may be corrected to secure TDS credit where substantive entitlement exists.

Cessation of liability under Section 41(1) fails where AOP funds are received personally and introduced as capital.

Technical misdescription of deduction provision cannot defeat genuine donation relief where payment to an approved institution is otherwise eligible.

Co-terminus appellate powers and mandatory reassessment notice govern remand and deletion of additions for lack of section 143(2) notice.

Revenue-neutral timing of interest deduction under mercantile accounting defeats disallowance of genuine business expenditure.

Section 10(46) exemption covers regulatory and incidental receipts; accounting as prior period income does not change exempt character.

Opening work-in-progress treated as prior-period investment cannot be taxed as unexplained investment in the current year.

Discretionary penalty under the Black Money Act cannot stand for bona fide non-disclosure of foreign ESOP shares already taxed

Review order restoring appeals is not independently appealable where the Tribunal acts on reserved liberty and binding precedent.

Benami transaction tracing through money trail sustained provisional attachment of a vehicle linked to land compensation funds.

SEZ procurement and diversion findings set aside after inadmissible statements, weak data reliance, and burden-of-proof errors.

Declared value for used garments needs reliable comparables; restricted second-hand imports without licence may still attract confiscation and moderat...

Concessional CVD for cement turns on intended retail sale, not printed RSP or packaging, while substituted valuation and extended limitation failed.

Proportionality in Customs Broker regulation: procedural lapse did not justify licence revocation, but penalty survived for poor compliance.

Preferential exemption and certificate of origin cannot be denied by unilateral recomputation of local value added content.