Proceedings u/s 153C in absence of any incriminating material is bad in law

ACIT Vs Sri Mathikere Ramaiah Seetharam (ITAT Bangalore)

As has been submitted earlier, a search action u/s 132 was initiated on 23.08.2016 in the case of M/s MS Ramaiah Developers and Builders P Ltd. It has been stated at para 1 of the impugned assessment order that several documents were seized in the course of the search. It is further stated that ‘some documents had a bearing on total income’ of the Respondent. Vide letter dated 24.09.2018 the Respondent was provided with copy of the documents seized in the course of above search and wh

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