https://www.taxtmi.com/caselaws?id=192325 The Tribunal found the assessment proceedings initiated under Section 153C of the Income Tax Act to be invalid due to procedural lapses in recording satisfaction notes and the absence of incriminating material. As a result, the appeals filed by the department were dismissed, and the appeals by the assessee were allowed. The Tribunal stressed the significance of adhering to legal procedures and principles of natural justice in tax assessments. en-us Fri, 24 Mar 2017 00:00:00 +0530 Wed, 24 May 2017 18:35:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=192325 The Tribunal found the assessment proceedings initiated under Section 153C of the Income Tax Act to be invalid due to procedural lapses in recording satisfaction notes and the absence of incriminating material. As a result, the appeals filed by the department were dismissed, and the appeals by the assessee were allowed. The Tribunal stressed the significance of adhering to legal procedures and principles of natural justice in tax assessments. Case-Laws Income Tax Fri, 24 Mar 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=192325