https://www.taxtmi.com/caselaws?id=235070 The High Court dismissed the Tax Appeals, highlighting the importance of ownership of seized documents in proceedings under section 153C of the Income Tax Act. Emphasizing the necessity for seized documents to belong to the assessee for valid initiation of proceedings, the Court ruled in favor of the assessee due to the lack of ownership of the documents seized during the search operations. This critical aspect led to the dismissal of the appeals based on the foundational issue of ownership of the seized documents. en-us Mon, 06 May 2013 00:00:00 +0530 Wed, 10 Jul 2013 09:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=235070 The High Court dismissed the Tax Appeals, highlighting the importance of ownership of seized documents in proceedings under section 153C of the Income Tax Act. Emphasizing the necessity for seized documents to belong to the assessee for valid initiation of proceedings, the Court ruled in favor of the assessee due to the lack of ownership of the documents seized during the search operations. This critical aspect led to the dismissal of the appeals based on the foundational issue of ownership of the seized documents. Case-Laws Income Tax Mon, 06 May 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=235070