https://www.taxtmi.com/caselaws?id=258441 The Tribunal allowed the appeal, ruling the notice under Section 153C invalid as the seized documents were not proven to belong to the assessee. The compensation received was deemed a capital receipt, not taxable under Sections 28(ii)(c) or 28(va). As the compensation was not taxable, interest under Sections 234A, 234B, and 234C was not levied. The decision was made on 27.2.2015. en-us Fri, 27 Feb 2015 00:00:00 +0530 Fri, 10 Apr 2015 10:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=258441 The Tribunal allowed the appeal, ruling the notice under Section 153C invalid as the seized documents were not proven to belong to the assessee. The compensation received was deemed a capital receipt, not taxable under Sections 28(ii)(c) or 28(va). As the compensation was not taxable, interest under Sections 234A, 234B, and 234C was not levied. The decision was made on 27.2.2015. Case-Laws Income Tax Fri, 27 Feb 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=258441