Natural justice in reassessment proceedings did not justify writ interference where statutory appeal remained available.

Principle of consistency upheld: ITAT sustained only 1% commission income on gross bank transactions and deleted the balance addition.

Statutory finality after immunity under section 270AA barred rectification and excluded section 115BBE on estimated expenditure disallowance.

Actual rent and separate amenity charges must be respected; enhanced annual value, interest disallowance, and section 14A additions fail.

TDS principles on stockist margins, ESOP taxation, and MSME delayed-payment interest excluded from withholding at earlier stages

Reassessment beyond three years fails where escaped income is below the statutory threshold and sanction is invalid.

Reasonable cause for notice non-compliance defeated penalty where medical incapacity explained the default.

Amortisation, exempt-income disallowance and intangible asset depreciation are analysed through contractual rights and own-funds principles.

Retrospective cancellation of charitable registration under section 12AB(4) was unsustainable; related-party benefit allegations did not prove nongenu...

Penalty notice vagueness under section 270A invalidates proceedings when the precise limb of charge is not specified.

Dominant object test: Arabic and Islamic instruction treated as education, not a religious trust, restoring tax approvals.

Concessional tax regime under section 115BAA prevails, with MAT under section 115JB held inapplicable.

Monetary jurisdiction for reassessment notice fails where ACIT issues section 148 notice beyond prescribed corporate case limits.

Rectification cannot recharacterise accepted survey disclosure as unexplained income when the issue is debatable.

Section 87A rebate extends to long-term capital gains under section 112 absent an express statutory bar, the Tribunal holds.

Search assessment and multiplex lease receipts: incriminating material limits additions, but commercial exploitation supported business income treatme...

Reassessment by change of opinion fails where reopening rests on the same records and an incorrect factual premise.

Limited scrutiny assessment cannot support additions beyond selected issues without conversion to complete scrutiny.

Turnover filter and functional comparability in software transfer pricing upheld; limited comparables can still support arm's length benchmarking.

Unsubstantiated commission-agent claim rejected; profit estimation from bank credits cut from 12.5% to 4% in trade income case.