2023 (4) TMI 1413

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....acharyya, Adv. For the Respondent : Mr. J. P. Khaitan, Sr. Adv., Mr. Sanjoy Bhowmick, Adv., Mr. Kaushik Banerjee, Adv., Mr. Sayak Chakraborty, Ad. ORDER The Court : This appeal has been filed by the revenue challenging the order passed by the Income Tax Appellate Tribunal. The legal issue involved in the instant case is the scope of assessment under Section 153A of the Income Tax Act. The....

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....on has been recorded, which is as follows: "14. In view of the above and for the reasons stated above, it is concluded as under: i] that in case of search under Section 132 or requisition under Section 132A, the AO assumes the jurisdiction for block assessment under section 153A; ii] all pending assessments/reassessments shall stand abated; iii] in case any incr....