https://www.taxtmi.com/caselaws?id=269000 The court upheld the ITAT's decision that the search and seizure operations under Section 153C/143(3) of the Income Tax Act were invalid as the documents seized did not belong to the Assessee. The court emphasized the necessity of a satisfaction note by the assessing officer of the searched person for initiating proceedings under Section 153C. The additions made in non-abated assessments were also deemed invalid as they were based on documents belonging to a different entity. The court dismissed the appeals, finding no substantial question of law and upheld the ITAT's findings, leaving parties to bear their own costs. en-us Thu, 03 Dec 2015 00:00:00 +0530 Thu, 17 Nov 2016 12:53:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=269000 The court upheld the ITAT's decision that the search and seizure operations under Section 153C/143(3) of the Income Tax Act were invalid as the documents seized did not belong to the Assessee. The court emphasized the necessity of a satisfaction note by the assessing officer of the searched person for initiating proceedings under Section 153C. The additions made in non-abated assessments were also deemed invalid as they were based on documents belonging to a different entity. The court dismissed the appeals, finding no substantial question of law and upheld the ITAT's findings, leaving parties to bear their own costs. Case-Laws Income Tax Thu, 03 Dec 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=269000