Shanti Prime Publication Pvt. Ltd.
Sec. 153A of Income Tax Act, 1961— Assessment — No reason has been recorded by the AO with regard to the loose papers being of the assessee and therefore, the AO could not have assumed the jurisdiction in terms of Section 153C- The residential premises of the assessee were also searched together with the group Concerns in which assessee had interest as partner therein, thus, Section 153A was attracted and accordingly, assessment under Section 153A read with Section 143(3) had been framed and since the search had taken place at the residence of the assessee as well, thus, no proceedings for framing assessment under Section 153C arose. - RAJEEV MUJUMDAR V/s CIT -  426 ITR 559 (MP)