https://www.taxtmi.com/highlights?id=52881 Assessment u/s 153C v/s Reopening of assessment u/s 147 - when incriminating documents were found during the course of search, the same have been used in the case of the assessee-company. The proper course the A.O. should have adopted is to proceed against the assessee-company under section 153C of the I.T. Act instead of recording reasons for reopening of the assessment under section 147/148 of the I.T. Act. - AT en-us Fri, 10 Apr 2020 12:57:37 +0530 Fri, 10 Apr 2020 12:57:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=52881 Assessment u/s 153C v/s Reopening of assessment u/s 147 - when incriminating documents were found during the course of search, the same have been used in the case of the assessee-company. The proper course the A.O. should have adopted is to proceed against the assessee-company under section 153C of the I.T. Act instead of recording reasons for reopening of the assessment under section 147/148 of the I.T. Act. - AT Highlights Income Tax Fri, 10 Apr 2020 12:57:37 +0530 https://www.taxtmi.com/highlights?id=52881