The Assessee contended that since the seized material \u201cbelonged\/related\u201d to the Assessee but was found during a search on another person, the correct route was Sec. 153C leading to Sec. 153A, and therefore the Sec. 148 notices and orders rejecting objections were invalid. The Revenue pursued reassessment under S. 148 notwithstanding that the trigger was seized material relatable to a person other than the person searched.<\/p>\n
The Hon\u2019ble Rajasthan High Court set aside\/quashed the S. 148 notices and the orders rejecting objections, holding that S. 153A, 153D prevail and that S. 153C, not Sec. 148, must be used where material relates to an \u201cother person\u201d. The Hon\u2019ble SC dismissed SLPs on the grounds of delay as well as on merits.\u00a0 (AY. 2014-15)<\/p>\n","protected":false},"excerpt":{"rendered":"
S. 153C : Assessment-Income of any other person-Search-Proceedings must be taken under S. 153C read with assessment under S. 153A), and not under S. 148\/147-Delay of 322 and 358 days-SLP of revenue dismissed on account of delay as well as on merits.[S. 147, 148, 153A, Art. 136] <\/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-59621","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-fvD","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/59621","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=59621"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/59621\/revisions"}],"predecessor-version":[{"id":59622,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/59621\/revisions\/59622"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=59621"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=59621"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=59621"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}