https://www.taxtmi.com/caselaws?id=423087 The Tribunal upheld the decision of the Ld. CIT(A) declaring the notice and subsequent assessment order void ab initio due to lack of jurisdiction under section 153C of the Income Tax Act. The Tribunal emphasized that the notice issued to the assessee under section 153C was invalid as proceedings should have been initiated under section 153A. The Tribunal dismissed the Revenue's appeal, affirming the decision on legal grounds raised by the assessee. The cross objections raised by the assessee were allowed, resulting in the dismissal of the Revenue's appeal and the upholding of the assessee's cross objections. en-us Thu, 26 May 2022 00:00:00 +0530 Sat, 28 May 2022 09:37:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=423087 The Tribunal upheld the decision of the Ld. CIT(A) declaring the notice and subsequent assessment order void ab initio due to lack of jurisdiction under section 153C of the Income Tax Act. The Tribunal emphasized that the notice issued to the assessee under section 153C was invalid as proceedings should have been initiated under section 153A. The Tribunal dismissed the Revenue's appeal, affirming the decision on legal grounds raised by the assessee. The cross objections raised by the assessee were allowed, resulting in the dismissal of the Revenue's appeal and the upholding of the assessee's cross objections. Case-Laws Income Tax Thu, 26 May 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=423087