![Seized Document does not contain Name of Assessee: ITAT deletes Assessment u/s 153C [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Seized-Document-Document-contain-Name-ITAT-Income-Tax-Tax-taxscan.jpg "Seized Document does not contain Name of Assessee: ITAT deletes Assessment u/s 153C [Read Order]")
Seized Document does not contain Name of Assessee: ITAT deletes Assessment u/s 153C [Read Order]
The Bangalore Bench of Income Tax Appellate Tribunal ( ITAT ) has deleted the assessment under Section 153C of the Income Tax Act 1961 as the seized...
![Assessing Officer cant invoke jurisdiction u/s 153C and Seize material belonging to a Third Party before 1-6-2015: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Assessing-Officer-Seize-material-ITAT-jurisdiction-Income-Tax-taxscan.jpg "Assessing Officer cant invoke jurisdiction u/s 153C and Seize material belonging to a Third Party before 1-6-2015: ITAT [Read Order]")
![Proceedings u/s 153C of Income Tax Act in absence of any Incriminating Material is Bad in Law: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Proceedings-Incriminating-Material-law-ITAT-Income-Tax-Tax-taxscan.jpg "Proceedings u/s 153C of Income Tax Act in absence of any Incriminating Material is Bad in Law: ITAT [Read Order]")
![Proceedings u/s 153C cannot be initiated in absence of incriminating material found during search: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/incriminating-material-ITAT-taxscan.jpg "Proceedings u/s 153C cannot be initiated in absence of incriminating material found during search: ITAT [Read Order]")
![Amount already offered to Tax by Assessee: ITAT quashes revision order by PCIT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Tax-Assessee-ITAT-PCIT-TAXSCAN.jpeg "Amount already offered to Tax by Assessee: ITAT quashes revision order by PCIT [Read Order]")
Recovery of Share Certificate allotted to Investor Companies found at the Premises of Issuing Company is not 'Incriminating Material': Delhi HC quashes Income Tax Addition [Read Order]
A division bench of the Delhi High Court, while dismissing a bunch of appeals by the income tax department has held that the recovery of share certificate allotted to investor companies found at the...
![Recovery of Share Certificate allotted to Investor Companies found at the Premises of Issuing Company is not Incriminating Material: Delhi HC quashes Income Tax Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Share-Certificate-Investor-Companies-Issuing-Company-Delhi-HC-Income-Tax-Addition.jpg "Recovery of Share Certificate allotted to Investor Companies found at the Premises of Issuing Company is not Incriminating Material: Delhi HC quashes Income Tax Addition [Read Order]")
Delhi HC rejects Recovery of Annual Report and Share Certificate from Assessee as Incriminating Documents [Read Order]
A Division Bench of the Delhi High Court while upholding the order of the Delhi Bench of the Income Tax Appellate Tribunal(ITAT), held that, the recovery of annual report and share certificates from...
![Delhi HC rejects Recovery of Annual Report and Share Certificate from Assessee as Incriminating Documents [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/09/Delhi-HC-Annual-Report-Assessee-Incriminating-Documents-taxscan.jpeg "Delhi HC rejects Recovery of Annual Report and Share Certificate from Assessee as Incriminating Documents [Read Order]")
![Satisfaction to be Recorded by the AO before issue of 153C Notice: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/09/AO-Notice-ITAT-taxscan.jpg "Satisfaction to be Recorded by the AO before issue of 153C Notice: ITAT [Read Order]")
No Income Tax Addition U/S 153A and 153C If No Incriminating Material is found during course of Search: Delhi HC [Read Order]
The division bench of the Delhi High Court has held that no addition under sections 153A and 153C if no incriminating material is found during the course of the search. Based on the search...
![No Income Tax Addition U/S 153A and 153C If No Incriminating Material is found during course of Search: Delhi HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/section-153A-section-153C-incriminating-material-Delhi-High-Court-Taxscan.jpg "No Income Tax Addition U/S 153A and 153C If No Incriminating Material is found during course of Search: Delhi HC [Read Order]")
Delhi HC stays Assessment Order passed under Section 153C of the Income Tax Act as revenue failed to furnish evidence Linking Assessee and Other person [Read Order]
The Delhi High Court stayed the assessment order passed under Section 153C of the Income Tax Act as revenue failed to furnish evidence linking the assessee and the other person. The petitioner,...
![Delhi HC stays Assessment Order passed under Section 153C of the Income Tax Act as revenue failed to furnish evidence Linking Assessee and Other person [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/05/Delhi-HC-assessment-order-Section-153C-of-the-Income-Tax-Act-linking-assessee-Taxscan.jpg "Delhi HC stays Assessment Order passed under Section 153C of the Income Tax Act as revenue failed to furnish evidence Linking Assessee and Other person [Read Order]")
Satisfaction Note by AO that Documents belong to Other Person is enough to proceed against such Person u/s 153C: SC [Read Judgment]
In a significant ruling, the Apex Court, while upholding the view of the High Court held that the satisfaction note by the Assessing Officer(AO) clearly states that the documents so seized belonged to...
![Satisfaction Note by AO that Documents belong to Other Person is enough to proceed against such Person u/s 153C: SC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2020/02/Anti-Profiteering-Measure-Supreme-Court-Taxscan.jpg "Satisfaction Note by AO that Documents belong to Other Person is enough to proceed against such Person u/s 153C: SC [Read Judgment]")
No Need of Two Separate Satisfaction Notes If AO of the Searched Person and the Other Person is Same: SC [Read Judgment]
The Supreme Court of India has ruled that there is no need for separate satisfaction notes of the searched person and the other person if Assessment Officers of both are one and the same. It also...
![No Need of Two Separate Satisfaction Notes If AO of the Searched Person and the Other Person is Same: SC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2019/07/Nuns-Supreme-Court-Taxscan.jpg "No Need of Two Separate Satisfaction Notes If AO of the Searched Person and the Other Person is Same: SC [Read Judgment]")