https://www.taxtmi.com/caselaws?id=459831 ITAT Ahmedabad allowed the assessee's appeal, holding that proceedings under Section 147 were invalid when Section 153C provisions should have applied. The case involved documents found during search operations of third parties that allegedly pertained to the assessee. The tribunal found that the AO incorrectly initiated proceedings under Section 147 despite being aware of Section 153C amendments effective from 2015. Additionally, the documents found could not be considered incriminating evidence against the assessee as they lacked clear identification and the assessee's signature, with no related transactions established during assessment proceedings. en-us Tue, 02 Jul 2024 00:00:00 +0530 Mon, 30 Dec 2024 19:58:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=459831 ITAT Ahmedabad allowed the assessee's appeal, holding that proceedings under Section 147 were invalid when Section 153C provisions should have applied. The case involved documents found during search operations of third parties that allegedly pertained to the assessee. The tribunal found that the AO incorrectly initiated proceedings under Section 147 despite being aware of Section 153C amendments effective from 2015. Additionally, the documents found could not be considered incriminating evidence against the assessee as they lacked clear identification and the assessee's signature, with no related transactions established during assessment proceedings. Case-Laws Income Tax Tue, 02 Jul 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=459831