High Court Rules in Favor of Assessee: AO Lacked Grounds for Assessment u/ss 153C and 153A of Income Tax Act.

High Court Rules in Favor of Assessee: AO Lacked Grounds for Assessment u/ss 153C and 153A of Income Tax Act. https://www.taxtmi.com/highlights?id=21450 Notice u/s. 153C - djudicated and decided in favor of the assesse by the High Court - AO does not have assumption for framing the assessment u/s. 153C read with section 153A of the I.T. Act. - AT en-us Sat, 17 Jan 2015 10:13:21 +0530 Sat, 17 Jan 2015 10:13:21 +0530 TaxTMI RSS Generator High Court Rules in Favor of Assessee: AO Lacked Grounds for Assessment u/ss 153C and 153A of Income Tax Act. https://www.taxtmi.com/highlights?id=21450 Notice u/s. 153C - djudicated and decided in favor of the assesse by the High Court - AO does not have assumption for framing the assessment u/s. 153C read with section 153A of the I.T. Act. - AT Highlights Income Tax Sat, 17 Jan 2015 10:13:21 +0530 https://www.taxtmi.com/highlights?id=21450