https://www.taxtmi.com/caselaws?id=772510 ITAT Cochin allowed the appeal for statistical purposes, remanding the matter to CIT(A) for fresh adjudication. The assessment under section 153C read with section 143(3) was challenged due to AO's failure to record satisfaction regarding the searched person. The assessment order was silent on satisfaction recording by both AOs. Evidence from search and seizure proceedings indicating interest payments was not provided to the appellant. The assessment order failed to clarify whether appellant's name appeared in seized material. CIT(A) confirmed additions without examining seized material or discussing evidence, necessitating remand for proper consideration. en-us Wed, 30 Apr 2025 00:00:00 +0530 Tue, 10 Jun 2025 08:43:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=772510 ITAT Cochin allowed the appeal for statistical purposes, remanding the matter to CIT(A) for fresh adjudication. The assessment under section 153C read with section 143(3) was challenged due to AO's failure to record satisfaction regarding the searched person. The assessment order was silent on satisfaction recording by both AOs. Evidence from search and seizure proceedings indicating interest payments was not provided to the appellant. The assessment order failed to clarify whether appellant's name appeared in seized material. CIT(A) confirmed additions without examining seized material or discussing evidence, necessitating remand for proper consideration. Case-Laws Income Tax Wed, 30 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=772510