https://www.taxtmi.com/caselaws?id=765745 The ITAT Jaipur held that the AO must proceed under section 153C instead of sections 147/148 when proceedings are initiated based on incriminating material seized during search operations. The case involved documents and pen-drives seized from group premises along with recorded statements. The assessee subsequently submitted a copy of the section 153C notice issued by the Assistant Commissioner for assessment year 2011-12, requiring preparation of a true and correct return of total income for the relevant assessment year. en-us Thu, 06 Feb 2025 00:00:00 +0530 Sat, 08 Feb 2025 09:12:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=765745 The ITAT Jaipur held that the AO must proceed under section 153C instead of sections 147/148 when proceedings are initiated based on incriminating material seized during search operations. The case involved documents and pen-drives seized from group premises along with recorded statements. The assessee subsequently submitted a copy of the section 153C notice issued by the Assistant Commissioner for assessment year 2011-12, requiring preparation of a true and correct return of total income for the relevant assessment year. Case-Laws Income Tax Thu, 06 Feb 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=765745