https://www.taxtmi.com/highlights?id=50933 Assessment u/s 153A - As per section 292C,, the loose sheets, books of accounts found during the course of search /survey are presumed to be belonging to the assessee, where the search or survey is conducted - But, since search was conducted at the premises of other person, presumption u/s 292C not applicable to the assessee. en-us Sun, 29 Dec 2019 08:46:31 +0530 Sun, 29 Dec 2019 08:46:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=50933 Assessment u/s 153A - As per section 292C,, the loose sheets, books of accounts found during the course of search /survey are presumed to be belonging to the assessee, where the search or survey is conducted - But, since search was conducted at the premises of other person, presumption u/s 292C not applicable to the assessee. Highlights Income Tax Sun, 29 Dec 2019 08:46:31 +0530 https://www.taxtmi.com/highlights?id=50933