https://www.taxtmi.com/caselaws?id=462338 ITAT Ahmedabad quashed assessment order under section 153A as void ab initio, holding that no incriminating material was found during search at assessee's premises. The tribunal ruled that documents found at third party premises cannot be utilized against assessee without following section 153C procedures. TP adjustment made by AO/TPO based on third party documents was invalid. Assessment order for earlier year being quashed, depreciation disallowance in current year based on invalid assessment was also set aside. Assessee's appeals were allowed. en-us Tue, 02 Jan 2024 00:00:00 +0530 Wed, 11 Jun 2025 20:03:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=462338 ITAT Ahmedabad quashed assessment order under section 153A as void ab initio, holding that no incriminating material was found during search at assessee's premises. The tribunal ruled that documents found at third party premises cannot be utilized against assessee without following section 153C procedures. TP adjustment made by AO/TPO based on third party documents was invalid. Assessment order for earlier year being quashed, depreciation disallowance in current year based on invalid assessment was also set aside. Assessee's appeals were allowed. Case-Laws Income Tax Tue, 02 Jan 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=462338