Case Law Details
Advocate Akhilesh Kumar Sah
FOR MAKING AN ASSESSMENT UNDER SECTION 153C REVENUE HAS TO PROVE THAT SEIZED DOCUMENTS ETC. BELONG TO ASSESSEE IN QUESTION
Controversy has arisen in many cases in respect of assessment of income of any other person under section 153C of the Income Tax Act, 1961(for short ‘the Act’).
Recently, in CIT vs. Renu Constructions Pvt. Ltd. [ITA Nos. 499/2011, 32/2012, 35/2012, 41/2017, 125/2017; decided on 06.09.2017], before Delhi High Court, the questions raised were whether the Income Tax Appellate Tribunal(ITAT) was correct in annulling the block assessment order and it erred in law in presuming that the seized document did not belong to the respondent and whether its order was perverse in the facts and circumstances of the case.
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