Case Law Details
Neesa Technologies Pvt. Ltd. Vs DCIT (ITAT Ahmedabad)
Since the proceedings u/s. 153C of the Act were initiated in the present case on the basis of documents which we have held above neither belonged to the assessee nor were incriminating in nature, they were not sufficient for assuming jurisdiction u/s. 153C of the Act. The jurisdiction so assumed in the present case is clearly invalid and the assessment framed accordingly is liable to be quashed.
FULL TEXT OF THE ORDER OF ITAT AHMEDABAD
These four appeals have been filed by the same Assessee for different assessment years against the consolidated order passed by the Commissioner of Income Tax (Appeals)-12, Ahmedabad, (in short referred to as CIT(A)), dated 02-11-2016, u/s. 250(6) of the Income Tax Act, 1961(hereinafter referred to as the “Act”) pertaining to Assessment Years (A.Ys) 2007-08 to 2010-11 .
2. At the outset itself, it was pointed out that the issues in these appeals were common arising in the back drop of identical set of facts. All the appeals were therefore taken up together for hearing and are being disposed off vide this common consolidated order.
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