Case Analysis – Section 153C Notice Validity – Neeraj Bharadwaj Vs ACIT & Anr.

Neeraj Bharadwaj Vs ACIT (Delhi High Court) Delhi High Court, in its recent judgement delivered by Hon’ble Mr. Justice Bakhru and Hon’ble Mr. Justice Tejas Karia, discussed the validity of notices issued under Section 153C of the Income Tax Act, 1961. Background of the case :  The search operation was carried out under Section 132 of the Act at the premises of Moser Baer and related entities. Mr. Bhardwaj was not the subject of the search but is related to one of Moser Baer’s promoters. During the search, the Revenue discovered certain documents relating to land purchases at...