Search and seizure action at the business and residential ...

Notice Issued u/s 153C After Search and Seizure; Assessment Moves to Inspecting Assistant Commissioner for Review.

April 18, 2012

Case Laws Income Tax AT

Search and seizure action at the business and residential premises - Notice u/s.153C - the quasi-judicial function of the Income-tax Officer as an assessing authority comes to an end the moment the assessee files objections to the draft order and the power to determine the income of the assessee thereafter gets vested in the Inspecting Assistant Commissioner to whom the Income-tax Officer is required to forward the draft order together with objections - AT

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Search and seizure action at the business and residential ...

Notice Issued u/s 153C After Search and Seizure; Assessment Moves to Inspecting Assistant Commissioner for Review.

April 18, 2012

Case Laws Income Tax AT

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