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    Liberal condonation of delay applied where death of the tax representative created a communication vacuum; jurisdictional objection remanded.
    Inclusive definition of Joint Commissioner validated approval by Additional Commissioner for penalty proceedings; challenge failed.
    Corporate personality protects company income from shareholder taxation absent statutory authority to disregard separate legal identity.
    Dividend Distribution Tax and DTAA benefit: conflicting High Court views on whether DDT is tax on company profits or shareholder income.
    Reassessment beyond four years fails when based on the same record and no specific non-disclosure is shown by the assessee.
    Binding DRP directions barred a section 40(a)(i) addition, and writ relief was granted despite an alternate appeal remedy.
    Search material can support reassessment of a third party even if the underlying search is later challenged.
    TDS credit on SARFAESI sale proceeds upheld where the bank was only a custodian, not the owner of the secured asset.
    Bogus political donation claim led to denial of section 80GGC deduction, with the Tribunal affirming disallowance.
    Business loss, MAT credit and rectification under DRP directions: tribunal remands verification, admits claim in principle, and upholds appealability.
    Agricultural income from sale of old rubber trees during replantation was exempt, as plantation operations were the ative test.
    Co-operative society interest deduction allowed under section 80P(2)(d) for deposits with a co-operative bank
    Depreciation on goodwill and captive power pricing accepted under consistent earlier rulings, sustaining the tax deduction claim.
    CBDT jewellery guidelines can protect explained family holdings, and addition for unexplained investment was deleted to the prescribed extent.
    TNMM comparable selection in medical-equipment trading: functional similarity, RPT checks, and margin verification guided ITAT's approach.
    Recorded satisfaction is essential for section 271D penalty initiation; absence of it renders the penalty invalid.
    Higher depreciation for medical equipment denied where assets were not covered by the notified life-saving category; rectification upheld.
    TDS on immovable property transfers and remand for verification of other payments in default proceedings
    Notional ESOP cost cannot support transfer pricing adjustment when no actual expenditure or liability was incurred.
    Transfer pricing comparability: import duty must be excluded from operating cost, and working capital adjustment may be verified.
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