Can AO Revise 153A Assessments without Incriminating Search Material?
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- Last Updated on 9 May, 2023
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Mukesh Kohli – [2023] 150 taxmann.com 9 (Article)
There was debate on whether the jurisdiction of AO to make assessment is confined to incriminating material found during the course of search u/s. 132 of the Income-tax Act.
The High Courts had taken the view that AO can interfere with completed assessments u/s 153A only if incriminating material found during search in the cases of CIT v. Sinhgad Technical Education Society [2017] 84 taxmann.com 290, Pr. CIT v. Saumya Construction (P.) Ltd. [2017] 81 taxmann.com 292, etc. However, the Hon’ble Allahabad High Court in the case of Pr. CIT v. Mehndipur Balaji [2023] 147 taxmann.com 201 has taken a contrary view.
In this article, the author has discussed the legal provisions along with relevant courts ruling.
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