https://www.taxtmi.com/caselaws?id=362002 The Tribunal allowed the appeals, holding that the Assessing Officer was not justified in invoking jurisdiction under section 153C of the Income Tax Act. The assessment orders were declared null and void, with the Tribunal concluding that the seized documents did not belong to the appellant company. The Tribunal emphasized that the Revenue failed to establish that the documents belonged to the appellant, rendering the assumption of jurisdiction under section 153C invalid. The decision was based on precedents and the ineffective application of the amended provisions introduced by the Finance Act, 2015. en-us Wed, 13 Jun 2018 00:00:00 +0530 Sat, 16 Jun 2018 12:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=362002 The Tribunal allowed the appeals, holding that the Assessing Officer was not justified in invoking jurisdiction under section 153C of the Income Tax Act. The assessment orders were declared null and void, with the Tribunal concluding that the seized documents did not belong to the appellant company. The Tribunal emphasized that the Revenue failed to establish that the documents belonged to the appellant, rendering the assumption of jurisdiction under section 153C invalid. The decision was based on precedents and the ineffective application of the amended provisions introduced by the Finance Act, 2015. Case-Laws Income Tax Wed, 13 Jun 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=362002