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2019 (9) TMI 1192 - AT - Income TaxValidity of proceedings u/s 153C/143(3) - HELD THAT:- Ld. CIT(A) correctly cancelled the assessment order dated 29.12.2010 under section 153A/153C/143(3) of the I.T. Act. Since in this case similar loss have been assessed under section 143(3) originally vide Order dated 18.07.2009, therefore, the present proceedings under section 153C/143A should have been dropped by the A.O, after verification of the seized material. There were no justification to assess the same loss in parallel proceedings. The Ld. CIT(A), therefore, correctly cancelled the assessment order. We, accordingly, confirm the Order of the Ld. CIT(A) and dismiss the departmental appeal.
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