Dismissing the appeal the Court held that ,documents seized revealed total expenditure that assessee incurred in respect of both his children was not disclosed in the return of income , accordingly the addition confirmed by the Tribunal is up held .As both brothers have signed the panchnama there was no necessity of issuing notice u/s 153C of the Act ( AY.2006 -07)
Vinod Kumar Gupta v. DCIT (2018) 165 DTR 409/ 305 CTR 288 (Delhi) (HC)
S. 153A: Assessment – Search-Documents seized revealed total expenditure that assessee incurred in respect of both his children was not disclosed in the return of income , addition confirmed by the Tribunal is up held . As both brothers have signed the panchnama there was no necessity of issuing notice u/s 153C of the Act . [ S.132 ]
Then assessment of both brothers would have been completed as AOP, this is what is going on in these days.