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If any books of accounts, cibai documents, assets found or seized belong to any other person, the concerned AO shall proceed against other person as provided u/s 153A and 153B. The assessment u/s 153C should even be completed with twenty one months of the end of the financial year when the search was conducted like assessment u/s 153A. Copyright 2010 by RioneX IP Group LLC. All rights reserved. This material may be freely copied and distributed subject to inclusion within this copyright notice, author information and all the hyperlinks are kept still in effect.

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Pub: 22 Sep 2026 09:38 UTC

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