https://www.taxtmi.com/highlights?id=46709 Assessment u/s 153C - gift deed which was found, was in respect of transaction which was duly recorded in the books of account of both the donor and donee and such a document to be even though belonging to assessee, cannot be the basis for initiating proceedings u/s 153C - it has failed to fulfill the basic condition of it being an incriminating document - proceedings initiated is bad in law en-us Thu, 23 May 2019 08:23:36 +0530 Thu, 23 May 2019 08:23:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=46709 Assessment u/s 153C - gift deed which was found, was in respect of transaction which was duly recorded in the books of account of both the donor and donee and such a document to be even though belonging to assessee, cannot be the basis for initiating proceedings u/s 153C - it has failed to fulfill the basic condition of it being an incriminating document - proceedings initiated is bad in law Highlights Income Tax Thu, 23 May 2019 08:23:36 +0530 https://www.taxtmi.com/highlights?id=46709