https://www.taxtmi.com/caselaws?id=305489 For initiation of proceedings under section 153C, seized material belonging to or pertaining to the other person was sufficient, and the provision did not require the material to be shown as incriminating or undisclosed at the stage of notice. On that basis, the jurisdictional challenge failed and the Revenue's position was upheld. The first appellate authority's treatment of the additions on merits was found to be cryptic, so the substantive issues were remanded for fresh adjudication with a separate examination of each addition, the supporting evidence, and an opportunity of hearing to both sides. en-us Mon, 23 May 2022 00:00:00 +0530 Fri, 20 Dec 2024 11:33:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=305489 For initiation of proceedings under section 153C, seized material belonging to or pertaining to the other person was sufficient, and the provision did not require the material to be shown as incriminating or undisclosed at the stage of notice. On that basis, the jurisdictional challenge failed and the Revenue's position was upheld. The first appellate authority's treatment of the additions on merits was found to be cryptic, so the substantive issues were remanded for fresh adjudication with a separate examination of each addition, the supporting evidence, and an opportunity of hearing to both sides. Case-Laws Income Tax Mon, 23 May 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=305489