https://www.taxtmi.com/highlights?id=72546 Assessment u/s 153A - In case during the search no incriminating material is found, in case of completed/unabated assessment, the only remedy available to the Revenue would be to initiate the reassessment proceedings under sections 147/48 of the Act, subject to fulfilment of the conditions mentioned in sections 147/148, as in such a situation, the Revenue cannot be left with no remedy. - HC en-us Fri, 13 Oct 2023 15:01:37 +0530 Fri, 13 Oct 2023 15:01:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=72546 Assessment u/s 153A - In case during the search no incriminating material is found, in case of completed/unabated assessment, the only remedy available to the Revenue would be to initiate the reassessment proceedings under sections 147/48 of the Act, subject to fulfilment of the conditions mentioned in sections 147/148, as in such a situation, the Revenue cannot be left with no remedy. - HC Highlights Income Tax Fri, 13 Oct 2023 15:01:37 +0530 https://www.taxtmi.com/highlights?id=72546