TMI BlogAssessment of income of any other personX X X X Extracts X X X X X X X X Extracts X X X X ..... ellery or other valuable article or thing, seized or requisitioned, belongs to; or (b) any books of account or documents, seized or requisitioned, pertains or pertain to, or any information contained therein, relates to, a person other than the person referred to in section 153A, then, the books of account or documents or assets, seized or requisitioned shall be handed over to the Assessing ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ch under section 132 or making of requisition under section 132A in the second proviso to 3 [ sub-section (1) of section 153A ] shall be construed as reference to the date of receiving the books of account or documents or assets seized or requisitioned by the Assessing Officer having jurisdiction over such other person. 4 [Provided further that the Central Government may by rules made by i ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ncome for the assessment year relevant to the previous year in which search is conducted under section 132 or requisition is made under section 132A and in respect of such assessment year- ( a ) no return of income has been furnished by such other person and no notice under sub-section (1) of section 142 has been issued to him, or ( b ) a return of income has been furnished by such other per ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... -------------------- Notes :- 1. Numbered as Sub-section (1) vide Finance Act, 2005, w.e.f. 1-6-2003. 2. Inserted by the Finance Act, 2005, w.e.f. 1-6-2003. 3. Substituted for section 153A , by the Finance Act, 2008, w.e.f. 1-6-2007. 4. Inserted vide Finance Act, 2012, w.e.f. 01-07-2012. 5. Substituted vide THE FINANCE (No. 2) ACT, 2014 w.e.f. 1st day of O ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... hall be handed over to the Assessing Officer having jurisdiction over such other person 7. Inserted vide THE FINANCE ACT, 2017 w.e.f. 1st day of April, 2017. 8. Inserted vide THE FINANCE ACT, 2017 w.e.f. 1st day of April, 2017. 9. Inserted vide THE FINANCE ACT, 2021 dated 28-03-2021 w.e.f. 01-04-2021 - - statute, statutory provisions legislation, law, enactment, Acts, Rules, ..... X X X X Extracts X X X X X X X X Extracts X X X X
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