Search Assessment Quashed as Limitation Must Be Computed Separately for Each Person

Advertisement Prathima Infrastructure Limited Vs DCIT (ITAT Hyderabad) WhatsApp Messages Alone Cannot Justify Income Tax Additions Without Authentication and Corroborative Evidence The Income Tax Appellate Tribunal (ITAT), Hyderabad, decided a batch of appeals filed by the assessee and the Revenue for Assessment Years (AYs) 2014-15 to 2020-21 arising from search assessments under Sections 153A and 143(3) of the Income-tax Act. The Tribunal first examined the assessee’s challenge to the validity of the assessments on the ground of limitation under Section 153B. The assessee argued that alt...