https://www.taxtmi.com/caselaws?id=456702 Section 153C proceedings based on an unsigned Excel sheet seized from a third party were found unsustainable where the document lacked corroboration, its nature was not explained by the Assessing Officer, and the search statements were not supplied to the assessee. The concurrent factual findings of the CIT(A) and ITAT accepted that the relied-upon material did not support the Revenue's case, and the High Court found no basis to disturb those findings. It accordingly held that no substantial question of law arose and dismissed the appeal. en-us Wed, 06 Mar 2024 00:00:00 +0530 Fri, 09 Aug 2024 00:18:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=456702 Section 153C proceedings based on an unsigned Excel sheet seized from a third party were found unsustainable where the document lacked corroboration, its nature was not explained by the Assessing Officer, and the search statements were not supplied to the assessee. The concurrent factual findings of the CIT(A) and ITAT accepted that the relied-upon material did not support the Revenue's case, and the High Court found no basis to disturb those findings. It accordingly held that no substantial question of law arose and dismissed the appeal. Case-Laws Income Tax Wed, 06 Mar 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=456702