https://www.taxtmi.com/caselaws?id=469377 Where reassessment is founded solely on material seized in a search of a third party, the special search-based procedure applies and Section 153C must be used; recourse to Section 147 is not permissible. The text also notes that, because such action is without jurisdiction, the existence of an alternative appellate remedy does not bar writ intervention. The discussion concludes that notices and consequential assessment, demand, and penalty actions are liable to be quashed, while the revenue may proceed only in accordance with law. en-us Tue, 29 Oct 2024 00:00:00 +0530 Mon, 15 Jun 2026 23:25:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=469377 Where reassessment is founded solely on material seized in a search of a third party, the special search-based procedure applies and Section 153C must be used; recourse to Section 147 is not permissible. The text also notes that, because such action is without jurisdiction, the existence of an alternative appellate remedy does not bar writ intervention. The discussion concludes that notices and consequential assessment, demand, and penalty actions are liable to be quashed, while the revenue may proceed only in accordance with law. Case-Laws Income Tax Tue, 29 Oct 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=469377