https://www.taxtmi.com/caselaws?id=194871 The High Court dismissed both appeals challenging the common order of the Income Tax Appellate Tribunal for Assessment years 2001-02 and 2002-03. The Tribunal held that as there was no search conducted under Section 132 of the Income Tax Act on the Assessee, the assessment orders under Section 153A were deemed without jurisdiction and bad in law. The Court emphasized that Section 153A applies only to persons subject to a valid search under Section 132. The consideration of Section 292BB was found inapplicable in this case, leading to the dismissal of the appeals without costs awarded. en-us Mon, 22 Aug 2016 00:00:00 +0530 Wed, 04 Oct 2017 06:08:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=194871 The High Court dismissed both appeals challenging the common order of the Income Tax Appellate Tribunal for Assessment years 2001-02 and 2002-03. The Tribunal held that as there was no search conducted under Section 132 of the Income Tax Act on the Assessee, the assessment orders under Section 153A were deemed without jurisdiction and bad in law. The Court emphasized that Section 153A applies only to persons subject to a valid search under Section 132. The consideration of Section 292BB was found inapplicable in this case, leading to the dismissal of the appeals without costs awarded. Case-Laws Income Tax Mon, 22 Aug 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=194871