https://www.taxtmi.com/caselaws?id=309377 The Tribunal upheld the CIT(A)'s decision to quash the action under section 153C and delete the addition of Rs. 5,17,00,000/- as the documents did not "belong" to the assessee. The Tribunal emphasized the requirement for documents to "belong" to the assessee for jurisdiction under section 153C, citing relevant judicial precedents. The deletion of the addition under section 69 was also upheld, as the AO failed to prove the connection between the seized documents and the assessee. The Department's appeal was dismissed, affirming the CIT(A)'s order. en-us Wed, 23 Nov 2022 00:00:00 +0530 Tue, 29 Aug 2023 21:29:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=309377 The Tribunal upheld the CIT(A)'s decision to quash the action under section 153C and delete the addition of Rs. 5,17,00,000/- as the documents did not "belong" to the assessee. The Tribunal emphasized the requirement for documents to "belong" to the assessee for jurisdiction under section 153C, citing relevant judicial precedents. The deletion of the addition under section 69 was also upheld, as the AO failed to prove the connection between the seized documents and the assessee. The Department's appeal was dismissed, affirming the CIT(A)'s order. Case-Laws Income Tax Wed, 23 Nov 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=309377