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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 2031 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 1917 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 1506 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 939 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 1653 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 1233 Views 0 comment Print


Latest Judiciary


VDIS Scheme benefit granted even in absence of original certificate of jewellery

Income Tax : ITAT Delhi held that in absence of original certificate, benefit of jewellery and ornaments declared in VDIS Scheme 1997 is grante...

May 8, 2025 99 Views 0 comment Print

10-Year Reassessment Period Unjustified as Conditions Under Section 153A(1) Not Met

Income Tax : Held that the AO seeks to disallow expenses on account of doubting the genuineness for the reason that the same were not incurred ...

May 8, 2025 210 Views 0 comment Print

Assuming jurisdiction u/s. 153C beyond block of ten years not tenable-in-law: Delhi HC

Income Tax : Delhi High Court held that since AY 2012-13 falls beyond the block of ten years that are required to be reckoned from the end of t...

May 6, 2025 108 Views 0 comment Print

Revision order u/s. 263 passed in name of non-existent entity cannot be sustained: ITAT Ahmedabad

Income Tax : ITAT Ahmedabad held that revisionary order passed under section 263 of the Income Tax Act in the name of non-existent entity (amal...

May 6, 2025 72 Views 0 comment Print

Delhi HC Quashes Reassessment Notice Beyond 10 Years for AY 2014-15

Income Tax : The Delhi High Court quashed a reassessment notice issued to Janus Infrastructure Projects for AY 2014-15, as it exceeded the 10-y...

May 4, 2025 153 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 69783 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 2238 Views 0 comment Print


Notice u/s 153C beyond six Assessment Year from date of recording of satisfaction note is without jurisdiction

August 4, 2023 8670 Views 0 comment Print

ITAT Delhi held that issuance of notice u/s 153C of the Income Tax beyond six Assessment Year immediately preceding the Assessment year from the date of recording of satisfaction note/ handling over of relevant material is not in accordance with law.

Major changes in ITR for FY 2023-24

August 3, 2023 24450 Views 1 comment Print

Discover the major changes in ITR forms for FY 2023-24 (AY 2024-2025). Highlights include new sections for retirement benefit accounts, disclosure of arrears, updates on Trading Account sections, and provisions for reporting Virtual Digital Asset (VDA) profits. Stay prepared for filing your ITR with insights into changes specific to ITR-1, ITR-2, ITR-3, ITR-4, ITR-5, ITR-6, and ITR-7.

Addition based on Dumb Documents without corroborative evidence is Unsustainable

July 29, 2023 5322 Views 0 comment Print

ITAT Delhi held that presumption u/s. 132(4A) of the Income Tax Act is only against the person in whose possession the search material is found and not against any other person. Addition based on dumb documents without corroborative evidence is unsustainable in law.

Withholding of seized gold in absence of any outstanding demand is unjustified

July 14, 2023 864 Views 0 comment Print

Gujarat High Court held that since the order passed by the Appellate Authority has attained finality and no demand is outstanding against the appellant, it is unjustified to withhold the seized gold. Accordingly, directed to release the remaining gold at the earlier.

When AO of searched person and other person is same there is no requirement to record satisfaction

July 11, 2023 1392 Views 0 comment Print

ITAT Ahmedabad held that when AO of searched person and other person is same, there is no mandatory requirement for AO of searched person to record satisfaction of material having found belonging to the person for valid jurisdiction under section 153C of the Income Tax Act.

Non-Resident: Unsustainable Section 69 Addition for Investment in India

June 27, 2023 3402 Views 0 comment Print

ITAT Mumbai held that addition u/s 69 of the Income Tax Act unsustainable as the assessee being non-resident, income has been invested in India and not arisen in India.

Addition u/s 153A without jurisdiction as no incriminating material found during search

June 26, 2023 1167 Views 0 comment Print

Held that in the absence of any incriminating material found or seized during the course of search and seizure proceedings, the additions made by the AO during the course of reassessment under section 153A of the Income Tax Act are without jurisdiction.

On-money income assessable in year in which sale of concerned flat is declared

June 24, 2023 1914 Views 0 comment Print

ITAT Mumbai held that the income portion of the on-money is assessable in the year in which the sale of concerned flat is declared by the assessee.

Penalty u/s 271AAB not imposable in absence of conduct of search

June 14, 2023 921 Views 0 comment Print

ITAT Kolkata held that in case where search has not been conducted upon the assessee, then penalty under section 271AAB of the Income Tax Act cannot be imposed.

Section 153C: ITAT Delhi dismisses Revenue’s Appeal due to Lack of Jurisdiction

June 13, 2023 645 Views 1 comment Print

The ITAT Delhi has dismissed the Revenue’s appeal in the case of ACIT vs. Cogent Realtors Pvt. Ltd. The appeal was dismissed based on the lack of jurisdiction under Section 153C of the Income Tax Act due to the absence of incriminating material. The disallowance made by the Assessing Officer was also found to be unsustainable.

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