https://www.taxtmi.com/highlights?id=70211 Assessment u/s 153C - necessity of recording satisfaction by AO of the searched person - ITAT followed various judgments of including the SC, HC and tribunal itself to hold that the notice issued by the AO u/s 153-C of the IT Act deserves to be quashed and accordingly had proceeded to quash the assessment orders framed by the AO u/s 153-C read with Section 143(3) of the Income Tax Act. Accordingly, the additional ground was allowed in all the seven years. - Order of ITAT sustained - HC en-us Thu, 08 Jun 2023 17:57:52 +0530 Fri, 09 Jun 2023 11:13:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=70211 Assessment u/s 153C - necessity of recording satisfaction by AO of the searched person - ITAT followed various judgments of including the SC, HC and tribunal itself to hold that the notice issued by the AO u/s 153-C of the IT Act deserves to be quashed and accordingly had proceeded to quash the assessment orders framed by the AO u/s 153-C read with Section 143(3) of the Income Tax Act. Accordingly, the additional ground was allowed in all the seven years. - Order of ITAT sustained - HC Highlights Income Tax Thu, 08 Jun 2023 17:57:52 +0530 https://www.taxtmi.com/highlights?id=70211