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The Commissioner Of Income Tax ... vs Bharat Bhushan Jain Charitable Trust on 18 December, 2019

b. Therefore, the inordinate delay committed in issuance of notices u/s 45 ITA No.8205/DEL/2025 ITA No.156/DEL/2026 153C of the Act on 12.12.2022 is not covered even by the relaxation of limitation period provided by CBDT as aforesaid and thus, the notices u/s 153C of the Act so issued on 12.12.2022 after the delay of almost 15 months' time is barred by limitation in view of the binding judgment of the Hon'ble Jurisdictional High Court of Delhi in the case of CIT v. Bharat Bhushan Jain [2015] 61 taxmann.com 89 (Delhi) wherein it has been held that if any notice u/s 158BD (153C) of the Act is issued beyond 10 months' time from the date of assessment order framed in the case of person searched, the same will be considered as delayed and accordingly, the said notice will be time barred.
Supreme Court - Daily Orders Cites 0 - Cited by 0 - Full Document

Mantram Commodities Pvt. Ltd., ... vs Ito Ward-1(5), Faridabad on 25 April, 2022

18. Further, satisfaction has been recorded to initiate proceedings u/s 153C of the Act on the basis of an undated & unsigned dumb document from the perusal of which, it cannot at all be inferred that as to whether it has a bearing on the determination of total income of the assessees for AY 2017-18 as the said document does not contain any date. Accordingly, in the absence of any date, it is unascertainable for the Ld. AO to assume jurisdiction for any assessment year including the impugned assessment year, i.e., AY 2017-18 and thus, the Ld. AO has assumed the jurisdiction to initiate proceedings u/s 153C of the Act on mechanical manner with identical satisfaction note in both the cases 63 ITA No.8205/DEL/2025 ITA No.156/DEL/2026 before us as reproduced at Para 11(e) above and therefore, the satisfaction so recorded and the consequent assessment so framed pursuant to the said defective satisfaction note so recorded u/s 153C of the Act are both legally unsustainable and void-ab-initio and accordingly, deserves to be quashed based on the decision of Saksham Commodities Ltd.(supra) and the ratio is reproduced hereunder:
Income Tax Appellate Tribunal - Delhi Cites 15 - Cited by 0 - Full Document
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