Principles & Procedures of Assessment u/s 153C

CA Vinamar Gupta Principles & Procedures of Assessment u/s 153C dealt comprehensively by Delhi HC Delhi High Court in Judgment delivered in the case of CIT Vs. RRJ Securities Ltd. ITA 164/2015 dated 30-10-2015, has dealt comprehensively the principles and procedure of framing assessment u/s 153C. Relevant provisions of Section 153C are as under: Notwithstanding anything contained in section 139, section 147, section 148, section 149, section 151 and section 153, where the Assessing Officer is satisfied that,— (a) any money, bullion, jewellery or other valuable article or th...