Softwares Pvt. Ltd.
Thus the proceedings u/s 153C r/w. section 153A of the Income
Tax Act 1961 are being initiated in the above ... which is also so
because of the fact that jurisdiction under s. 153A is for
assessment or reassessment of total income of each year falling
search, including action pursuant to the notice dated 02.11.2012 issued
under section 153A of the Act.
2. The brief facts resulting in the filing ... 7656/2012 Page 1 of 5
search and as required by section 153A of the Act, the assessing officer issued notices for
the past
seized, whereas no jewellery was seized. Notice under
Section 153A of the Act was issued on 26.02.2008, in response to which the
assessee filed ... 2016 & CONNECTED CASES Page 2
completed the assessment under Section 153A read with Section 143(3) of
the Act on 31.12.2008 after accepting
shown as `.1522.98 lakh.
Subsequent to the searches, a notice under Section 153A of the Act was
issued to the assessee. In response ... filed under
Section 139(1) may be treated as return under Section 153A . Assessment
under Section 153A read with section 143(3) was completed
operations along with the help of other family
members. Notice under Section 153A was issued on 21st August 2006
requiring the assessee to furnish returns ... Aggrieved the assessee appealed; the CIT (A) upheld initiation of
Section 153A proceedings and also the rejection of books of accounts. He
however directed
Section 153(1) is relatable to the
second proviso to Section 153A , only as far as it concerns
abatement. The revenue relied upon the ruling ... Commissioner of Income Tax” reported in (2012) 346 ITR 177.
7. Sections 153A and Section 153C of the Income Tax Act,
1961 to the extent
Income (ROI) for the assessment
year (hereafter “AY”) 2006-2007 under Section 153A of the Act, within 16 days.
On failure by the assessee ... past period, were made. A notice was issued under
Section 153A on 02.03.2009 asking the assessee to file ROI. As ROI was not
filed
2009-10 was covered in the six year period envisioned under
Section 153A(1) , overlooking the express language in the first proviso to
Section 153C ... which in turn refers to the second proviso to Section
153A(1) .
2. Search and seizure operation was conducted on 05.01.2009 at various
premises relating
income of
`10,11,66,660/-. An assessment order under Section 153A read with Section 143(3) of
the Act was passed on 01.06.2006 determining ... present case was framed u/s 143(3) read with Section
153A and it is the contention of the assessee that while framing such
assessment
Tejwant Singh and Ved
Prakash Bharti and had issued notice under Section 153A of the Act. The
assessments and additions finally made in the block ... Super Mall (P) Ltd, other than the person referred in section
153A . Accordingly it is directed to issue such person (M/s Super
Mall
