ITA No.4474/Del/2025 (ASSESSMENT YEAR 2012-13)
Case No: ITA No.4474/Del/2025
Court: INCOME TAX APPELLATE TRIBUNAL, DELHI BENCH ‘B’
Date: 1/27/2026
Parties Involved
appellantACIT, Circle 19(1)
respondentShipra Bansal
Facts Summary
The assessee, Shipra Bansal, filed her return of income for the assessment year 2012-13 declaring a total income of Rs. 15,60,541/-. Based on information received from the DCIT, Central Circle-1, Kanpur, a search under section 132 of the Income Tax Act, 1961 was conducted at the residence of Shri Vishal Saxena, where incriminating materials pertaining to the assessee were found and seized. Consequently, proceedings under section 153C of the Act were initiated against the assessee. After various …
Decision in favour of
Assessee
Legal Issues
- 1. Whether the block periods for assessment under section 153C should be calculated from the date of receipt of the seized material by the jurisdictional AO of the non-searched person or from the date of initiation of search.
- 2. Whether the amended provision of section 153C w.e.f. 01.04.2017 is relevant in this case.
2 more legal issues analysed in this judgement.
Precedents Relied Upon
4 precedents cited in this judgement.