SHRI NITIN SHARMA,JABALPUR vs. PRINCIPAL COMMISSIONER OF INCOME TAX -2, JABALPUR
In the result, the appeal is partly allowed
ITA 25/JAB/2019[2014-15]Status: DisposedITAT Jabalpur28 Sept 2020AY 2014-15
Bench: Shri N.R.S. Ganesan & Shri Sanjay Arora
Section 132(4)Section 142(1)Section 143(2)Section 143(3)Section 153A(1)Section 153CSection 153C(1)Section 153DSection 263Section 7(1)
153D, for an assessment u/s. 153A r/w s.153C, stands taken. The complete absence of the pre-requisites for initiating proceedings u/s. 153A(1) in case of a person other than the person searched would only imply that the assessment made is a regular assessment u/s. 143(3). The mere describing of the assessment as an assessment
‘u/s.153C/143(3)’, i.e., instead
