https://www.taxtmi.com/caselaws?id=186960 The Court held that the assessment under section 153C of the Income Tax Act was correctly annulled by the ld. CIT(A) as the seized documents did not belong to the assessee, and the Department failed to establish otherwise. The Court found that the entries in the seized material did not amount to "books of account" of the assessee. The Department's appeals were dismissed, and the assessment annulment was confirmed in all related cases. en-us Fri, 10 Jun 2011 00:00:00 +0530 Wed, 05 Oct 2016 15:47:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=186960 The Court held that the assessment under section 153C of the Income Tax Act was correctly annulled by the ld. CIT(A) as the seized documents did not belong to the assessee, and the Department failed to establish otherwise. The Court found that the entries in the seized material did not amount to "books of account" of the assessee. The Department's appeals were dismissed, and the assessment annulment was confirmed in all related cases. Case-Laws Income Tax Fri, 10 Jun 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=186960