No proceedings u/s 153C merely relying on statement of person that he provided accommodation entry to assessee

INCOME TAX: Where a notice under section 153C was issued against assessee-company on basis of a statement of main controlling person of group companies to which assessee company belonged that several group companies including assessee had received bogus accommodation entries, said statement contained information that 'related' to assessee but it could not be said to be a document that 'belonged' to assessee so as to initiate proceedings against assesse under section 153C

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