Income Tax Act Doesn't Contemplate Hiatus Between Handing Over & Receipt Of Documents By AO Of Non-Searched Entity: Delhi High Court

Income Tax Act Doesn't Contemplate Hiatus Between Handing Over & Receipt of Documents by AO of Non-Searched Entity: Delhi High Court The Delhi High Court has observed that the Income Tax Act does not contemplate a "hiatus" or gap between the handing over and receipt of documents by an Assessing Officer (AO) concerning a non-searched entity. This clarification is crucial in tax assessments following search and seizure operations, particularly for entities not directly searched but whose documents are relevant. The court's observation ensures that the assessment process remains seamless and that AOs promptly consider relevant documents without unnecessary delays.