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2018 (9) TMI 886 - AT - Income TaxValidity of proceedings u/s 153C - period of limitation - completion of proceedings against the assessee, who is ‘other person’ than searched person - Held that:- As relying on RRJ Securities Ltd. case [2015 (11) TMI 19 - DELHI HIGH COURT] we hold that assessment proceedings initiated for assessment years 1999-2000 to 2001-02 are beyond the period of available under the proviso to section 153C read with proviso to section 153A of the Act and hence, the Assessing Officer had no jurisdiction to take up proceedings for the captioned assessment years. We hold that initiation and completion of proceedings against the assessee, who is ‘other person’ than searched person, is both invalid and bad in law. - decided in favour of assessee
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