https://www.taxtmi.com/caselaws?id=120834 The ITAT Bangalore ruled in favor of the appellant, finding that the Assessing Officer lacked justification and jurisdiction for assessments under sections 153C and 153A of the Income-tax Act. The Tribunal determined that the seized documents did not belong to the appellant, as they were related to the managing director's group concerns. The Tribunal emphasized that ownership or an intimate connection is crucial for jurisdiction under these sections, leading to the conclusion that the assessments were invalid. The Tribunal allowed the appellant's appeals, underscoring the need for proper jurisdictional basis in such assessments. en-us Tue, 27 Nov 2007 00:00:00 +0530 Sat, 30 Dec 2023 11:01:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=120834 The ITAT Bangalore ruled in favor of the appellant, finding that the Assessing Officer lacked justification and jurisdiction for assessments under sections 153C and 153A of the Income-tax Act. The Tribunal determined that the seized documents did not belong to the appellant, as they were related to the managing director's group concerns. The Tribunal emphasized that ownership or an intimate connection is crucial for jurisdiction under these sections, leading to the conclusion that the assessments were invalid. The Tribunal allowed the appellant's appeals, underscoring the need for proper jurisdictional basis in such assessments. Case-Laws Income Tax Tue, 27 Nov 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=120834