https://www.taxtmi.com/caselaws?id=349435 The tribunal dismissed the appeal for Assessment Year (AY) 2006-07 as time-barred under Section 153C and allowed the appeals for AY 2009-10 for further investigation by the Assessing Officer. The assessment for AY 2006-07 was found to be beyond the statutory time limit due to the delayed submission of seized papers. Additionally, the additions made for AY 2009-10 on transportation expenses and bogus purchases were set aside for lack of proper enquiry by the AO, who was directed to conduct further investigations and provide the assessee with an opportunity to present relevant documents. en-us Mon, 09 Oct 2017 00:00:00 +0530 Fri, 13 Oct 2017 09:25:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=349435 The tribunal dismissed the appeal for Assessment Year (AY) 2006-07 as time-barred under Section 153C and allowed the appeals for AY 2009-10 for further investigation by the Assessing Officer. The assessment for AY 2006-07 was found to be beyond the statutory time limit due to the delayed submission of seized papers. Additionally, the additions made for AY 2009-10 on transportation expenses and bogus purchases were set aside for lack of proper enquiry by the AO, who was directed to conduct further investigations and provide the assessee with an opportunity to present relevant documents. Case-Laws Income Tax Mon, 09 Oct 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=349435