2020 (2) TMI 1218 - SC - Income Tax

Assessment u/s 153C - petitioner has submitted no documents or material belonging to the petitioner were found, despite which, the Assessing Officer wishes to assess the petitioner on the basis of the material collected during such search relying on the amendment in section 153C of the Act with effect from 1.6.2015 - HELD THAT - Delay condoned. Issue notice.

Summary

The Supreme Court of India in 2020 (2) TMI 1218, with Mr. Justice Ashok Bhushan and Mr. Justice M.R. Shah JJ., condoned delay, issued notice, and tagged the case with SLP(C) No.486/2020. Petitioner represented by Mr. K.M. Natraj, ASG, Ms. Archana Pathak Dave, Adv., and others.