Assessment u/s 153A - In case during the search no incriminating ...

Case Laws Income Tax

October 13, 2023

Assessment u/s 153A - In case during the search no incriminating material is found, in case of completed/unabated assessment, the only remedy available to the Revenue would be to initiate the reassessment proceedings under sections 147/48 of the Act, subject to fulfilment of the conditions mentioned in sections 147/148, as in such a situation, the Revenue cannot be left with no remedy. - HC

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Assessment u/s 153A - In case during the search no incriminating ...

Case Laws Income Tax

October 13, 2023

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