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Income Tax - Highlights / Catch Notes

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Assessment to be framed u/s 153C OR u/s 147/148 - Validity of ...

Income Tax

September 3, 2022

Assessment to be framed u/s 153C OR u/s 147/148 - Validity of the reassessment proceedings - Initiation of action u/s 153C would arise only if the seized material are handed over to the AO of such other person having jurisdiction of such other person - It is no so in the present case - no fault in the initiation of proceedings u/s 147/148 - AT

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