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2016 (6) TMI 1202 - AT - Income TaxAssessment order passed u/s 143 (3)/153C - Held that:- We are inclined to concur with the submissions of the Ld. AR that the impugned order of the Assessing Officer ostensibly passed u/s 143(3) of the Act should be considered to have been passed u/s 153C read with section 143(3) in view of the decision rendered by the Hon'ble Delhi High Court in the case of Pr. Commissioner of Income Tax-2 vs Natural Products Bio- Tech Ltd. [2015 (9) TMI 1458 - DELHI HIGH COURT] held that no addition can be made in the assessment being framed u/s 153A, when there is no incriminating material or assets seized during the course of search. The finding of photocopies in the possession of a searched person does not necessarily mean and imply that they “belong” to the person who holds the originals - Possession of documents and possession of photocopies of documents are two separate things - Decided in favour of assessee.
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