Incriminating material during search is pre-requisite for assessment of other person under sec. 153C
Held We are in agreement with the views expressed by the Karnataka High Court that incriminating material is a pre-requisite before power could have been exercised under section 153C read with section 153A. HIGH COURT OF CALCUTTA Commissioner of Income-tax, Kolkata-III v. Veerprabhu Marketing Ltd. GIRISH CHANDRA GUPTA AND ARINDAM SINHA, JJ. IT APPEAL NO.… Read More »