Held that the premises that were searched, were not of the assessee, that there was nothing on record to connect the assessee with the premises searched, and that qua the assessee, the proceedings under section 153A were invalid, on appeal by the Department. Order of Tribunal is affirmed. No substantial question of law. (AY.2002-03 to 2004-05)
CIT v. Sarvmangalam Builders and Developers Pvt. Ltd. (2024)465 ITR 629 (Delhi)(HC)
S. 153A: Assessment-Search-Finding of Tribunal that premises searched were not of assessee-Assessment proceedings is invalid-No substantial question of law.[S.260A]