Assessment U/s. 153C without mentioning assesse’s name in legal paper and non-establishment of nexus with searched party was invalid

DCIT Vs Abhishek Atlani (ITAT Raipur)

Conclusion: Since AO made addition under section 153 on the basis of documents seized in case of third party but without mentioning of assesse’s name in any legal paper and non-establishment of relationship with searched party, therefore, the same was invalid.

Held: AO on the basis of documents seized from the premises of M/s. A Ltd. and its directors which were belonging to assessee initiated proceedings u/s 153C in case of assessee and, thereafter, made addition of Rs.2,6

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