https://www.taxtmi.com/caselaws?id=383751 The High Court upheld the Income Tax Appellate Tribunal's decision declaring the assessment as illegal and void ab-initio. The Court agreed with the ITAT that the Assessing Officer failed to record satisfaction under Section 153C of the Income Tax Act, rendering the assessment proceedings invalid. The High Court dismissed the Revenue's appeal, affirming the ITAT's ruling that the assessment for the relevant year was illegal and void ab-initio. en-us Tue, 23 Jul 2019 00:00:00 +0530 Mon, 20 Dec 2021 16:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=383751 The High Court upheld the Income Tax Appellate Tribunal's decision declaring the assessment as illegal and void ab-initio. The Court agreed with the ITAT that the Assessing Officer failed to record satisfaction under Section 153C of the Income Tax Act, rendering the assessment proceedings invalid. The High Court dismissed the Revenue's appeal, affirming the ITAT's ruling that the assessment for the relevant year was illegal and void ab-initio. Case-Laws Income Tax Tue, 23 Jul 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=383751