https://www.taxtmi.com/caselaws?id=197293 The appellate tribunal invalidated the notice issued under Section 153C as the seized documents did not belong to the assessee, rendering the subsequent assessment void ab initio. Consequently, the addition of Rs. 4,50,00,000 as undisclosed capital gain was deemed unjustified. The tribunal allowed the cross-objection by the assessee, leading to the dismissal of the Revenue's appeal. en-us Mon, 07 Mar 2016 00:00:00 +0530 Tue, 02 Jan 2018 08:13:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=197293 The appellate tribunal invalidated the notice issued under Section 153C as the seized documents did not belong to the assessee, rendering the subsequent assessment void ab initio. Consequently, the addition of Rs. 4,50,00,000 as undisclosed capital gain was deemed unjustified. The tribunal allowed the cross-objection by the assessee, leading to the dismissal of the Revenue's appeal. Case-Laws Income Tax Mon, 07 Mar 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=197293