{"id":7881,"date":"2019-10-15T12:22:28","date_gmt":"2019-10-15T12:22:28","guid":{"rendered":"http:\/\/itatonline.org\/digest\/pcit-v-associated-mining-co-2019-417-itr-420-karn-hc\/"},"modified":"2020-05-26T03:11:56","modified_gmt":"2020-05-26T03:11:56","slug":"pcit-v-associated-mining-co-2019-417-itr-420-karn-hc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/pcit-v-associated-mining-co-2019-417-itr-420-karn-hc\/","title":{"rendered":"PCIT v. Associated Mining Co. (2019) 417 ITR 420\/ 194 DTR 364 \/( 2020) 312 CTR 531(Karn.)(HC)"},"content":{"rendered":"<p>A search was conducted in the case of Shri K.M. Vishwanath group of cases on 10<sup>th <\/sup>December, 2010. Various documents were seized. Proceedings u\/s 153A were initiated\u00a0 for the assessment years 2005-06 to 2010-11. Notice was also served on Shri K.M. Vishwanath\u00a0\u00a0 who was partner of the firm. No return was filed however Shri K.M. Vishwanath\u00a0 sent a communication stating that he had retired from the firm. After recording the statements of other\u00a0\u00a0 partners the assessment was framed. CIT(A) up held the order. However the Tribunal held that address indicated in the search warrant pursuant to which the search was carried out being different from the address of the assessee firm it was improper search and allowed the appeal of the assessee. On appeal by the revenue the\u00a0 Court held that,\u00a0 search warrant in the name of firm, documents seized from the premises of the firm.\u00a0 Subsequent change of address of firm, search not invalidated. Accordingly the assessment is held to be valid. (AY. 2005-06 to 2010-11)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 153A : Assessment\u2013Search-Block assessment-Search warrant in the name of firm\u2013Documents seized\u2013Subsequent change of address of firm\u2013Search not invalidated\u2013Assessment is held to be valid. [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":[1],"tags":[],"class_list":["post-7881","post","type-post","status-publish","format-standard","hentry","category-digest"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-237","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/7881","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=7881"}],"version-history":[{"count":3,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/7881\/revisions"}],"predecessor-version":[{"id":11632,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/7881\/revisions\/11632"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=7881"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=7881"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=7881"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}