Web25 May 2024 · Sections 153A and 153C of the Income Tax Act, 1961, establishes a mechanism for assessing income in the instance of a searched individual. According to the aforementioned section, the Assessing Officer has the authority to frame an individual’s assessment for the six assessment years immediately preceding the year of search. Web10 Apr 2024 · The High Court observed that “Section 153C of the Act, 1961 is a machinery provision for assessment of income of a person other than the person searched; Section 153C of the Act as amended w.e.f. 01.06.2015 by Finance Act, 2015 shall not be made applicable with respect to the searches conducted prior to 01.06.2015.”
IN THE SUPREME COURT OF INDIA CIVIL APPELLATE …
Web11 Apr 2024 · Amendments to Income tax act’s section 153C Home About Us Sign Up for Free Related Blog Posts Featured Posts SFURTI Scheme- All you need to know GSTR-3B vs GSTR 1 mismatch – Rule 88C perspective Mumbai MSME loans-eligibility, types & documents What is Udyogini Scheme? Eligibility & Objectives Understanding India's … Web18 hours ago · 4. In said appeal arising from the decision of the Income Tax Appellate Tribunal (‘the Tribunal’, for short), the issue that arose before the High Court was the effect of absence of notice under Section 143(2) of the Income Tax Act, 1961 (‘the Act’, for short). governors number
B.Kubendran vs The Deputy Commissioner Of Income ... on 9 …
Web23 May 2024 · The assessment order was challenged by the assessee mainly on the ground that the satisfaction note recorded under Section 153C of the Act in respect of the … Web9 Dec 2024 · Section 153C provides that where search is conducted against a person and undisclosed assets/documents indicating undisclosed income are found as belonging to … Web6 Apr 2024 · Income Tax Act 1961- Section 153C - The object and purpose of Section 153C is to address the persons other than the searched person - 2015 amendment was … governors new york state