https://www.taxtmi.com/caselaws?id=185398 The Court dismissed the Revenue's appeal concerning the interpretation of Section 153-C of the Income Tax Act. It emphasized the necessity of complying with Section 153-C requisites for assessment proceedings. The dispute over whether the assessment was conducted under Section 143(3) or Section 153-C was pivotal. The Court referenced a prior judgment unfavorable to the Revenue, leading to the dismissal of the appeal. The decision underscored the need for adherence to statutory provisions and obtaining prior approvals for initiating assessment proceedings. en-us Tue, 29 Sep 2015 00:00:00 +0530 Thu, 11 Aug 2016 15:27:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=185398 The Court dismissed the Revenue's appeal concerning the interpretation of Section 153-C of the Income Tax Act. It emphasized the necessity of complying with Section 153-C requisites for assessment proceedings. The dispute over whether the assessment was conducted under Section 143(3) or Section 153-C was pivotal. The Court referenced a prior judgment unfavorable to the Revenue, leading to the dismissal of the appeal. The decision underscored the need for adherence to statutory provisions and obtaining prior approvals for initiating assessment proceedings. Case-Laws Income Tax Tue, 29 Sep 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=185398