https://www.taxtmi.com/caselaws?id=448018 The ITAT Delhi held that assessments under Section 153C were void ab initio. The search was conducted on 22.03.2012 for A.Y. 2012-13, but satisfaction under Section 153C was recorded on 18.11.2013 for A.Y. 2014-15. Following jurisdictional HC precedents and SC judgment in Jasjit Singh, the tribunal determined that assessments for A.Y. 2007-08 made consequent to the satisfaction note recorded on 18.11.2013 were outside Section 153C's scope. The assessment under Section 143(3) for A.Y. 2012-13 was also treated as void. Decision favored the assessee against revenue. en-us Fri, 29 Dec 2023 00:00:00 +0530 Wed, 10 Jan 2024 09:20:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=448018 The ITAT Delhi held that assessments under Section 153C were void ab initio. The search was conducted on 22.03.2012 for A.Y. 2012-13, but satisfaction under Section 153C was recorded on 18.11.2013 for A.Y. 2014-15. Following jurisdictional HC precedents and SC judgment in Jasjit Singh, the tribunal determined that assessments for A.Y. 2007-08 made consequent to the satisfaction note recorded on 18.11.2013 were outside Section 153C's scope. The assessment under Section 143(3) for A.Y. 2012-13 was also treated as void. Decision favored the assessee against revenue. Case-Laws Income Tax Fri, 29 Dec 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=448018