https://www.taxtmi.com/caselaws?id=753908 ITAT Delhi held that proceedings under section 153C were invalid as the AO acknowledged that additions to the assessee's income were not based on incriminating material and could not be sustained. The Revenue subsequently initiated proceedings under section 148 following section 148A procedures, effectively accepting that the original section 153C assessment lacked proper foundation. The assessee's appeals challenging the additions made under section 153C were allowed. en-us Fri, 19 Jan 2024 00:00:00 +0530 Thu, 13 Jun 2024 08:10:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=753908 ITAT Delhi held that proceedings under section 153C were invalid as the AO acknowledged that additions to the assessee's income were not based on incriminating material and could not be sustained. The Revenue subsequently initiated proceedings under section 148 following section 148A procedures, effectively accepting that the original section 153C assessment lacked proper foundation. The assessee's appeals challenging the additions made under section 153C were allowed. Case-Laws Income Tax Fri, 19 Jan 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=753908