https://www.taxtmi.com/caselaws?id=71951 The Tribunal set aside the assessments made under Section 153C, determining that the Assessing Officer (AO) lacked the authority to initiate action under this section since the seized documents neither belonged to the assessee nor revealed any undisclosed income. The Tribunal also found the AO's reduction of deductions under Sections 80HHC and 80-IA to be invalid, as these issues had already been resolved in prior appellate orders. Consequently, the assessee's appeals were allowed, and the Revenue's appeals were dismissed. en-us Fri, 16 Jan 2009 00:00:00 +0530 Thu, 23 Nov 2023 13:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=71951 The Tribunal set aside the assessments made under Section 153C, determining that the Assessing Officer (AO) lacked the authority to initiate action under this section since the seized documents neither belonged to the assessee nor revealed any undisclosed income. The Tribunal also found the AO's reduction of deductions under Sections 80HHC and 80-IA to be invalid, as these issues had already been resolved in prior appellate orders. Consequently, the assessee's appeals were allowed, and the Revenue's appeals were dismissed. Case-Laws Income Tax Fri, 16 Jan 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=71951