Revisional power in block assessment upheld, undisclosed search income sustained, freight suppression addition restored, accrued lorry hire liability ...
Reassessment and fee-for-technical-services classification: reopening upheld, but certain reimbursements and mobilization charges fell outside treaty ...
Page of 4805
Press 'Enter' after typing page number.
4361 to 4380 of 96100 Results
❮
❯
❯❯
0 / 200
Expand Note
Add to Folder
No Folders have been created
+
Are you sure you want to delete "My most important" ?
ITAT held that the search assessment regime under section 153C is triggered by initiation of search in the case of the searched person, not by the later notice to the other person; because the search and handover of seized material occurred before 01/04/2021, the pre-amended law applied and the notice was valid. On merits, the addition based solely on seized pen drive data and Excel printouts failed because the electronic record was inadmissible for lack of valid section 65B compliance and no independent corroboration existed. The separate addition based on an unsigned third-party voucher was also deleted for want of supporting evidence and for internal inconsistency in the assessment order.
ITAT held that the search assessment regime under section 153C is triggered by initiation of search in the case of the searched person, not by the later notice to the other person; because the search and handover of seized material occurred before 01/04/2021, the pre-amended law applied and the notice was valid. On merits, the addition based solely on seized pen drive data and Excel printouts failed because the electronic record was inadmissible for lack of valid section 65B compliance and no independent corroboration existed. The separate addition based on an unsigned third-party voucher was also deleted for want of supporting evidence and for internal inconsistency in the assessment order.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 4805
Join Channel
TaxTMI 
