S. 153C Reassessment Invalid without Incriminating Evidence, Two-Tier AO Satisfaction Required Even Before 2015 Amendment: Delhi HC

The Delhi HC ruled that a Section 153C reassessment is invalid without incriminating evidence and requires a two-tier AO satisfaction even before the 2015 amendment. This decision clarifies the requirements for reassessment under Section 153C. It ensures that reassessments are based on valid grounds. This ruling underscores the need for clear guidelines on reassessment procedures. It emphasizes the importance of fair assessments. The High Court's order protects the rights of taxpayers.