Satisfaction Note by AO that Documents belong to Other Person is enough to proceed against such Person u/s 153C: SC [Read Judgment]

In a significant ruling, the Apex Court, while upholding the view of the High Court held that the satisfaction note by the Assessing Officer(AO) clearly states that the documents so seized belonged to the other person i.e. the assessee and not the searched person, so the requirement of Section 153C of the Income Tax Act, […]

from Taxscan | Simplifying Tax Laws https://ift.tt/3bSVxs1