ITAT DELHI on 20th Feb; 2020 held that when Documents / information found during the course of search under section 132(1) of the Act- permissible proceedings- only under section 153C of the Act and hence assumption of jurisdiction under section 147 of the Act is bad in law and notice issued under section 143(2) of the Act is not valid notice and therefore the order passed is annulled. Ananya Portfolio (P) Ltd. v. ITO- IT-CASES-203-2020
