https://www.taxtmi.com/caselaws?id=770967 ITAT Delhi set aside the impugned order and remitted the matter to CIT(A) to determine whether information for proceedings u/s 147 emanated from seized material during search operations u/s 132. The tribunal held that complete facts are required to establish the source of information through panchanama and relevant documentation. If CIT(A) finds the information originated from incriminating material seized during search, the assessment u/s 147 read with 144 would be unsustainable. The assessee's appeal was allowed for statistical purposes. en-us Fri, 09 May 2025 00:00:00 +0530 Mon, 19 May 2025 08:37:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=770967 ITAT Delhi set aside the impugned order and remitted the matter to CIT(A) to determine whether information for proceedings u/s 147 emanated from seized material during search operations u/s 132. The tribunal held that complete facts are required to establish the source of information through panchanama and relevant documentation. If CIT(A) finds the information originated from incriminating material seized during search, the assessment u/s 147 read with 144 would be unsustainable. The assessee's appeal was allowed for statistical purposes. Case-Laws Income Tax Fri, 09 May 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=770967