https://www.taxtmi.com/caselaws?id=781353 HC held that a notice under s.153C can be issued only when the Assessing Officer of the searched person and the Assessing Officer of the other person are satisfied that seized property or documents pertain to a person other than the searched person. Record showed no such satisfaction and no incriminating material against the petitioner from the search; the assessment relied on information from ADIT(Inv) and post-search evidence. Accordingly, the proceedings could not be sustained under s.153A/153C and, in absence of incriminating material, assessment should proceed under s.147. en-us Mon, 10 Nov 2025 00:00:00 +0530 Fri, 14 Nov 2025 09:42:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=781353 HC held that a notice under s.153C can be issued only when the Assessing Officer of the searched person and the Assessing Officer of the other person are satisfied that seized property or documents pertain to a person other than the searched person. Record showed no such satisfaction and no incriminating material against the petitioner from the search; the assessment relied on information from ADIT(Inv) and post-search evidence. Accordingly, the proceedings could not be sustained under s.153A/153C and, in absence of incriminating material, assessment should proceed under s.147. Case-Laws Income Tax Mon, 10 Nov 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=781353