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Section 153C

Latest Articles


Budget 2025: Block Assessment Amendments in Income Tax Search Cases

Income Tax : Budget 2025 revises block assessment rules for search cases, covering undisclosed income, assessment procedures, penalties, and ti...

February 7, 2025 2949 Views 0 comment Print

Block Assessment under Chapter XIV-B of Income Tax Act, 1961

Income Tax : Explore reintroduction of block assessments under Income Tax Act via Finance Act 2024, its implications, challenges, and way forwa...

December 30, 2024 2100 Views 0 comment Print

Compounding of offence under the Income-tax Act, 1961

Income Tax : Understand the compounding of offences under the Income-tax Act, 1961, including categories, charges, and procedures as per the Fi...

September 2, 2024 1593 Views 0 comment Print

FAQs on Compounding of Offences under Income Tax Act, 1961

Income Tax : Learn about the compounding of offences under direct tax laws, including eligible offences, competent authorities, and the process...

August 23, 2024 1044 Views 0 comment Print

No Incriminating Evidence, No Addition: Delhi High Court’s Ruling

Income Tax : Delhi HC rules in PCIT Vs Pavitra Realcon Pvt. Ltd., ITA 579/2018, emphasizing the need for corroborative evidence in tax assessme...

July 17, 2024 1746 Views 0 comment Print


Latest News


Budget 2024: Block Assessment provisions for Section 132 & 132A Searches

Income Tax : Learn about the new block assessment provisions for cases involving searches under section 132 and requisitions under section 132A...

July 23, 2024 1314 Views 0 comment Print


Latest Judiciary


Section 69 Addition sustained as documents seized was incriminating in nature

Income Tax : ITAT Hyderabad held that addition under section 69 of the Income Tax Act towards unexplained investment sustained since documents ...

July 11, 2025 36 Views 0 comment Print

Only requirement for filing settlement application is unadjudicated notice u/s. 153A/153C

Income Tax : Kerala High Court held that section 245C doesn’t prescribed any prior cut-off date for filing settlement application. Unadjudica...

July 5, 2025 90 Views 0 comment Print

Granting single approval u/s. 153D for different assessment years is invalid

Income Tax : ITAT Delhi held that granting of single approval under section 153D of the Income Tax Act for difference assessment years and that...

July 4, 2025 1887 Views 1 comment Print

Section 40A(3) cannot be invoked as income estimated based on gross profit rate

Income Tax : ITAT Delhi held that invocation of provisions of section 40A(3) of the Income Tax Act not justifiable as income is estimated on th...

July 1, 2025 174 Views 0 comment Print

ITAT Delhi Deletes On-Money Addition for Misapplication of Section 153C

Income Tax : Delhi ITAT sets aside ₹42.94 lakh tax additions, ruling Section 153C incorrectly applied. Seized documents must "pertain" not "b...

June 25, 2025 201 Views 0 comment Print


Latest Notifications


Government extends timelines for Income Tax Assessment (Read Notification)

Income Tax : Central Government has decided to extend the time limits to 30th June, 2021 in the following cases where the time limit was earlie...

April 27, 2021 70071 Views 4 comments Print

Selection of Case of Search Years in ITBA Assessment module

Income Tax : Availability of Miscellaneous Functionalities related to ‘Selection of Case of Search Year’ and ‘Relevant Search...

September 12, 2019 2259 Views 0 comment Print


Latest Posts in Section 153C

Section 69 Addition sustained as documents seized was incriminating in nature

July 11, 2025 36 Views 0 comment Print

ITAT Hyderabad held that addition under section 69 of the Income Tax Act towards unexplained investment sustained since documents seized is incriminating in nature. Accordingly, appeal of assessee dismissed.

Only requirement for filing settlement application is unadjudicated notice u/s. 153A/153C

July 5, 2025 90 Views 0 comment Print

Kerala High Court held that section 245C doesn’t prescribed any prior cut-off date for filing settlement application. Unadjudicated notice u/s. 153A/ 153C as on the date of application is the only requirement.

Granting single approval u/s. 153D for different assessment years is invalid

July 4, 2025 1887 Views 1 comment Print

ITAT Delhi held that granting of single approval under section 153D of the Income Tax Act for difference assessment years and that too mechanically without application of mind is not sustainable. Accordingly, entire proceedings initiated u/s. 153C quashed.

Section 40A(3) cannot be invoked as income estimated based on gross profit rate

July 1, 2025 174 Views 0 comment Print

ITAT Delhi held that invocation of provisions of section 40A(3) of the Income Tax Act not justifiable as income is estimated on the basis of gross profit rate. Thus, disallowance u/s. 40A(3) set aside and appeal stands allowed.

ITAT Delhi Deletes On-Money Addition for Misapplication of Section 153C

June 25, 2025 201 Views 0 comment Print

Delhi ITAT sets aside ₹42.94 lakh tax additions, ruling Section 153C incorrectly applied. Seized documents must “pertain” not “belong,” and Section 292C presumption doesn’t extend to third parties.

Seized Documents Receipt Date by AO Determines Limitation for Section 153C Notice

June 24, 2025 93 Views 0 comment Print

Madras High Court held that period of limitation for issuing notice under section 153C of the Income Tax Act to person other than searched person shall be date of receiving books of accounts or documents seized by AO having jurisdiction over such other person.

Transaction Genuine under section 68 if Loan Repaid with Interest: ITAT Delhi

June 24, 2025 492 Views 0 comment Print

By returning the loan, the assessee has only utilised the loan for the purpose of business and repaid the same. Merely because some operator has managed the affairs and all the transactions cannot be labelled as non-genuine.

Income Tax Appeal Dismissed for Non-Prosecution Remanded for Fresh Adjudication

June 21, 2025 138 Views 0 comment Print

Mumbai ITAT remands Shankarlal Shantilal Mali’s appeal on unexplained cash deposits of over 1 crore for AY 2014-15 to CIT(A) for fresh adjudication.

Section 153C Amendment not applicable to searches before June 1, 2015: SC

June 19, 2025 249 Views 0 comment Print

Supreme Court rules 2015 amendment to Income Tax Act’s Section 153C, broadening third-party assessment, is not retrospective; applies only to searches after June 1, 2015.

Six-Year Tax Assessment for Third Parties Begins on AO’s Receipt of Seized Materials: SC

June 19, 2025 291 Views 0 comment Print

The Supreme Court clarifies that the six-year tax assessment period for third parties, whose documents are seized, starts from the date their AO receives materials, not the original search date.

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