https://www.taxtmi.com/caselaws?id=193362 The tribunal upheld the validity of action under section 147 instead of section 153C, allowing the use of seized material against a third party. It found the order under section 147 unsustainable due to lack of nexus with the assessee, leading to the dismissal of the revenue's appeal. The tribunal also supported the CIT(A)'s decision on seized documents, emphasizing the need for relevant material. The error in adding interest and computation was not addressed due to the void proceedings, resulting in the dismissal of the revenue's appeal and the allowance of the assessee's appeal. en-us Mon, 23 Nov 2015 00:00:00 +0530 Wed, 26 Jul 2017 10:29:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=193362 The tribunal upheld the validity of action under section 147 instead of section 153C, allowing the use of seized material against a third party. It found the order under section 147 unsustainable due to lack of nexus with the assessee, leading to the dismissal of the revenue's appeal. The tribunal also supported the CIT(A)'s decision on seized documents, emphasizing the need for relevant material. The error in adding interest and computation was not addressed due to the void proceedings, resulting in the dismissal of the revenue's appeal and the allowance of the assessee's appeal. Case-Laws Income Tax Mon, 23 Nov 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=193362