Relevant Date Is AO’s Receipt of Seized Documents

ITAT: For Section 153C, Relevant Date Is AO’s Receipt of Seized Documents, Not Search Date The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has dismissed the Revenue’s appeals against Excel Insurance Outsourcing Pvt. Ltd., holding that for Section 153C proceedings, the relevant date is when the non-searched person’s AO receives the seized documents…