https://www.taxtmi.com/caselaws?id=298306 The Tribunal dismissed the assessee's contentions regarding the validity of the assessment order under section 143(3) versus section 153C. It remitted various issues back to the CIT(A) or AO for verification and proper adjudication, following precedents set in earlier assessment years. The Tribunal emphasized that only excess or relatable income should be taxed in cases of contravention of sections 13(1)(c) and 13(1)(d). The appeals of the assessee and the Revenue were partly allowed or dismissed based on specific grounds and issues raised. en-us Wed, 17 Oct 2018 00:00:00 +0530 Tue, 26 Oct 2021 08:57:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=298306 The Tribunal dismissed the assessee's contentions regarding the validity of the assessment order under section 143(3) versus section 153C. It remitted various issues back to the CIT(A) or AO for verification and proper adjudication, following precedents set in earlier assessment years. The Tribunal emphasized that only excess or relatable income should be taxed in cases of contravention of sections 13(1)(c) and 13(1)(d). The appeals of the assessee and the Revenue were partly allowed or dismissed based on specific grounds and issues raised. Case-Laws Income Tax Wed, 17 Oct 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=298306