https://www.taxtmi.com/caselaws?id=435764 The Tribunal held that the reassessment proceedings initiated under sections 147/148 instead of section 153C were invalid. Relying on precedents, the Tribunal found that when documents pertaining to a different entity are discovered during a search, section 153C should be invoked. The reassessment order was deemed null and void, leading to the quashing of the reassessment order. Other grounds raised by the assessee were not addressed as a result. The appeal was partly allowed, with the order pronounced on 23.03.2023. en-us Thu, 23 Mar 2023 00:00:00 +0530 Fri, 24 Mar 2023 18:05:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=435764 The Tribunal held that the reassessment proceedings initiated under sections 147/148 instead of section 153C were invalid. Relying on precedents, the Tribunal found that when documents pertaining to a different entity are discovered during a search, section 153C should be invoked. The reassessment order was deemed null and void, leading to the quashing of the reassessment order. Other grounds raised by the assessee were not addressed as a result. The appeal was partly allowed, with the order pronounced on 23.03.2023. Case-Laws Income Tax Thu, 23 Mar 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=435764