https://www.taxtmi.com/caselaws?id=761401 ITAT Delhi held that when search material from a third party is used against an assessee, assessment must be framed under section 153C, not section 143(3). The court quashed the assessment for AY 2021-22 as it was incorrectly framed under section 143(3) when search material from another party's premises was used. Following SC precedent in Jasjit Singh case, the tribunal ruled that different search dates for assessee and third party mandates section 153C procedure. Additional grounds raised by assessee were allowed. en-us Mon, 04 Nov 2024 00:00:00 +0530 Sat, 09 Nov 2024 08:49:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=761401 ITAT Delhi held that when search material from a third party is used against an assessee, assessment must be framed under section 153C, not section 143(3). The court quashed the assessment for AY 2021-22 as it was incorrectly framed under section 143(3) when search material from another party's premises was used. Following SC precedent in Jasjit Singh case, the tribunal ruled that different search dates for assessee and third party mandates section 153C procedure. Additional grounds raised by assessee were allowed. Case-Laws Income Tax Mon, 04 Nov 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=761401