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2015 (3) TMI 355 - AT - Income TaxLegality of notice issued u/s 153C - Held that:- Since there was no satisfaction in the case of the searched person. The assessment framed u/s 153C of the Act in the case of the assessee was not valid. As relying on case of M/s Tanvir Collections Pvt. Ltd. Vs ACIT [2015 (3) TMI 345 - ITAT DELHI] information under RTI Act was sought by the searched person and it was informed by the department that there was no “satisfaction note” available/recorded in respect of other entities. legal issue is decided in favour of the assessee and accordingly, it is held that the initiations of the proceedings u/s 153C of the Act are set aside on the ensuing assessment on the assessee is void ab initio. - Decided in favour of assessee.
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