Home Case Index All Cases Income Tax Income Tax + AT Income Tax - 2023 (12) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2023 (12) TMI 294 - AT - Income TaxAssessment u/s 153C - Whether CIT(A) considering block of six assessment years with reference to date of handing over of seized assets/documents to the AO of the assessee i.e. person other than the searched person, instead of the date of initiation of search on searched person and holding that AY 2011-12 to AY 2013-14 are outside the scope of section 153C? - HELD THAT:- We find that the first appellate authority has decided the appeal in favour of the assessee following the binding decision in the case of RRJ Securities Limited [2015 (11) TMI 19 - DELHI HIGH COURT] and subsequent amendment in the section 153C of the Act w.e.f. 01.04.2017. We do not find any merit in the grievance of the revenue. If the revenue is aggrieved by the binding decision of the Hon’ble Jurisdictional High Court of Delhi (supra) the revenue may approach the Hon’ble Supreme Court but in no case the revenue can be aggrieved by the binding decision before this Tribunal.
|