{"id":13261,"date":"2020-10-25T13:29:58","date_gmt":"2020-10-25T13:29:58","guid":{"rendered":"https:\/\/itatonline.org\/digest\/paresh-k-shah-v-dcit-mum-trib-www-itatonlibe-org\/"},"modified":"2020-10-25T13:29:58","modified_gmt":"2020-10-25T13:29:58","slug":"paresh-k-shah-v-dcit-mum-trib-www-itatonlibe-org","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/paresh-k-shah-v-dcit-mum-trib-www-itatonlibe-org\/","title":{"rendered":"Paresh K .Shah v . DCIT ( Mum) (Trib) www.itatonlibe.org"},"content":{"rendered":"<p>Admitting the additional ground of the assessee the Tribunal held that ,\u00a0 as per the first proviso to Section 153C(1) the date of initiation of search u\/s 132 of the Act for the purpose of an assessment u\/s 153C has to be construed as the date of receiving the books of account by the A.O. having jurisdiction over such other person, from the A.O. of the searched person. \u00a0In case the A.O of the searched person and that of the assessee is the same person, then the date of recording of \u201esatisfaction\u201f by the A.O in the file of the assessee i.e the person other than the searched person, shall be taken as the relevant date for reckoning the period of six assessment years for which assessments could have been framed u\/s 153C. \u00a0\u00a0In case, the claim of the assessee that the year under consideration vis. A.Y.2007-2008 falls beyond the scope of six assessment years from the aforementioned date of recording of satisfaction or receiving of documents or assets seized or books of accounts by the A.O of the assessee, as the case may be, then the assessment framed by the A.O shall stand vacated \u00a0(ITA Nos.83 to 89\/Mum\/2018 \u00a0dt 28 -5 -2019 ) (AY.\u00a0 2007-08 to 2013-2014)<\/p>\n<p><a href=\"https:\/\/itatonline.org\/digest\/wp-content\/uploads\/2020\/10\/Paresh-K.Shah_.pdf\">https:\/\/itatonline.org\/digest\/wp-content\/uploads\/2020\/10\/Paresh-K.Shah_.pdf<\/a><\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 153C : Assessment &#8211; Income of any other person \u2013 Search &#8211;  Additional ground &#8211; The date of receiving the books of account by the Assessing Officer  having jurisdiction over such other person, from the Assessing officer of  the searched person-  Satisfaction by the A.O in the file of the assessee i.e the person other than the searched person, shall be taken as the relevant date for reckoning the period of six assessment years for which assessments could have been framed u\/s 153C. [ S.132 ]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[],"class_list":["post-13261","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-3rT","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/13261","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=13261"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/13261\/revisions"}],"predecessor-version":[{"id":13262,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/13261\/revisions\/13262"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=13261"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=13261"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=13261"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}