Search couldn’t be assumed against assessee in absence of incriminating material found during third’s person search

INCOME TAX : Where notice under section 153C was initiated against assessee-medical charitable trust running hospital on basis of certain documents seized during search upon a supplier of medical and surgical equipment to hospital on ground that assessee siphoned off funds through said supplier resorting to huge inflation of expensesINCOME TAX : Where notice under section 153C was initiated against assessee-medical charitable trust running hospital on basis of certain documents seized during search upon a supplier of medical and surgical equipment to hospital on ground that assessee siphoned off funds through said supplier resorting to huge inflation of expenseswww.taxmann.com Latest Case LawsRead More

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