Section 153C proceedings can be initiated against a person only if seized materials belong to him

Advocate Akhilesh Kumar Sah FOR MAKING AN ASSESSMENT UNDER SECTION 153C REVENUE HAS TO PROVE THAT SEIZED DOCUMENTS ETC. BELONG TO ASSESSEE IN QUESTION Controversy has arisen in many cases in respect of assessment of income of any other person under section 153C of the Income Tax Act, 1961(for short ‘the Act’). Recently, in CIT vs. Renu Constructions Pvt. Ltd. [ITA Nos. 499/2011, 32/2012, 35/2012, 41/2017, 125/2017; decided on 06.09.2017], before Delhi High Court, the questions raised were whether the Income Tax Appellate Tribunal(ITAT) was correct in annulling the block assessment order ...