No lack of Jurisdiction if AO of searched person recorded his satisfaction & provided seized material to AO of assessee

Akarsh Residence Pvt. Ltd. Vs DCIT (ITAT Bangalore) As per the facts noted by learned CIT(A) in the relevant paras of his order as reproduced above, it comes out that search was carried out in the case of M/s. Adarsh Developers and incriminating documents were found and seized in the course of search and those incriminating documents had a bearing on the assessee’s total income and therefore, the AO of the searched person has recorded his satisfaction and provided the seized material to the AO of the assessee. Under these facts, we find no infirmity in the order of CIT(A) in both years as pe...