https://www.taxtmi.com/caselaws?id=447653 The ITAT Delhi quashed an assessment under section 153A where documents were recovered from a third party's premises rather than the assessee's. The tribunal held that proper procedure under section 153C should have been followed when documents were found at M/s. Zoom Developers Pvt. Ltd.'s premises. Additionally, the addition was deleted as the same amount had already been taxed in the hands of the company from whose premises the documents were recovered, citing the principle that undisclosed income cannot be taxed twice in different hands. en-us Mon, 23 Oct 2023 00:00:00 +0530 Mon, 01 Jan 2024 12:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=447653 The ITAT Delhi quashed an assessment under section 153A where documents were recovered from a third party's premises rather than the assessee's. The tribunal held that proper procedure under section 153C should have been followed when documents were found at M/s. Zoom Developers Pvt. Ltd.'s premises. Additionally, the addition was deleted as the same amount had already been taxed in the hands of the company from whose premises the documents were recovered, citing the principle that undisclosed income cannot be taxed twice in different hands. Case-Laws Income Tax Mon, 23 Oct 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=447653