Assessment passed u/s. 143(3) is invalid since proceedings were initiated u/s. 153C

Advertisement Ranjan Sharma Vs DCIT (ITAT Delhi) ITAT Delhi held that regular assessment order passed under section 143(3) of the Income Tax Act without aid of section 153C despite satisfaction note from AO of searched person is not supportable in law. Thus, assessment framed u/s. 143(3) is void ab-initio. Facts- The present appeal has been preferred by the assessee. It is mainly contested that CIT(A) ought to have quashed the impugned assessment passed by AO u/s 143(3). AO having initiated the proceedings u/s 153C since satisfaction in terms of section 153C was recorded by Ld. AO for the A...