Significance of Searched Party’s Admissions & Validity of Assessment Order lacking DIN

Sanjay Punamchand Kothari Vs ACIT (ITAT Pune) Sanjay Punamchand Kothari Vs. ACIT (ITAT Pune): Admissions in Search or Survey Cases and the Invalidity of Assessment Orders Lacking DIN In the realm of income tax assessments, the case of Sanjay Punamchand Kothari vs. ACIT (Income Tax Appellate Tribunal, Pune) sheds light on two crucial aspects. Firstly, it highlights the significance of admissions made by the searched party during a search or survey operation. Secondly, it underscores the consequences of an assessment order that lacks the Document Identification Number (DIN) and Order number, ren...