Sec 153C: Mere hand written paper could not be construed as books of accounts

Shree Radhey Technologies (P) Ltd. Vs ACIT (ITAT Delhi)

In the instant case the books of account or documents did not belong to the assessee and therefore, the AO was not justified in initiating action against the assessee under section 153A read with section 153C. The hand written paper i.e. page no. 35 does not fall within the meaning of books of accounts or document and does not belong to the assessee, hence, the proceedings U/s 153C would not have been invoked against the assessee.

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