Narender Nath Vs DCIT

Parties Involved

Facts Summary

The case involves an appeal by Narender Nath against the order of CIT(A)-23, Delhi, which upheld the assessment under section 153C read with section 143(3) of the Income Tax Act, 1961. The Assessing Officer had conducted a search on 23.03.2021 at M/s KK Spun Group and recorded his satisfaction under section 153C on 25.02.2023, proceeding against Narender Nath, who is a third party under section 153C. The seized documents were claimed to belong to Narender Nath. The Revenue argued that the satisfaction recorded by the Assessing Officer was proper, while Narender Nath contended that the seized documents did not pertain to him as required under section 153C(1)(a) of the Act.…

Legal Issues

• 1. Whether the Assessing Officer properly recorded his satisfaction under section 153C that the seized documents pertained to or related to Narender Nath.

Judgment Outcome

Decided in favour of Assessee.

Precedents Relied Upon

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