PCIT (Central) v. Delhi International Airport (P.) Ltd. (2023) 292 Taxman 4 (SC) Editorial : PCIT v. Delhi International Airport (P.) Ltd (2022) 443 ITR 382 / 140 taxmann.com 440 (Karn)(HC)

S. 153A : Assessment-Search or requisition-Finality of assessment-No incriminating material-No abatement of concluded proceedings-Notice is issued in SLP filed by the Revenue. [S. 132, 143(3)]

High Court held that Assessing Officer while passing order under section 153A read with section 143(3), cannot disturb assessment/reassessment order which has attained finality, unless materials gathered in course of proceedings establish that finalized assessments are contrary to material unearthed during course of section 153A proceedings.  Notice is   issued in SLP filed by  the Revenue.