https://www.taxtmi.com/caselaws?id=437073 The Tribunal upheld the validity of the assessment proceedings under section 153C for assessment year 2009-10, post-amendments to the Income Tax Act. It disagreed with the CIT(A)'s decision to quash the assessment order and directed a merit-based appeal review. The appeal challenging the direction under section 150(1) for AY 2009-10 and 2010-11 was allowed, quashing the direction and remanding the matter for reconsideration. The Revenue's appeal in ITA No. 2829/Del/2019 was allowed for statistical purposes, while the assessee's appeals in ITA No. 1557 and 1558/Del/2019 were allowed, and the Revenue's appeal was dismissed. en-us Thu, 23 Mar 2023 00:00:00 +0530 Thu, 27 Apr 2023 09:00:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=437073 The Tribunal upheld the validity of the assessment proceedings under section 153C for assessment year 2009-10, post-amendments to the Income Tax Act. It disagreed with the CIT(A)'s decision to quash the assessment order and directed a merit-based appeal review. The appeal challenging the direction under section 150(1) for AY 2009-10 and 2010-11 was allowed, quashing the direction and remanding the matter for reconsideration. The Revenue's appeal in ITA No. 2829/Del/2019 was allowed for statistical purposes, while the assessee's appeals in ITA No. 1557 and 1558/Del/2019 were allowed, and the Revenue's appeal was dismissed. Case-Laws Income Tax Thu, 23 Mar 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=437073