https://www.taxtmi.com/caselaws?id=435125 The Tribunal partially allowed the appeal, quashing the assessment order for AY 2014-15. It held that the assessment should have been conducted under Section 153A instead of Section 153C of the Income Tax Act, 1961. The Tribunal emphasized the importance of proper jurisdiction in such cases, citing relevant case law. The decision was based on the finding that the AO's use of both sections did not rectify the flawed assessment under Section 153C. Other legal grounds and merits were left open for future consideration. en-us Mon, 20 Feb 2023 00:00:00 +0530 Mon, 13 Mar 2023 08:40:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=435125 The Tribunal partially allowed the appeal, quashing the assessment order for AY 2014-15. It held that the assessment should have been conducted under Section 153A instead of Section 153C of the Income Tax Act, 1961. The Tribunal emphasized the importance of proper jurisdiction in such cases, citing relevant case law. The decision was based on the finding that the AO's use of both sections did not rectify the flawed assessment under Section 153C. Other legal grounds and merits were left open for future consideration. Case-Laws Income Tax Mon, 20 Feb 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=435125