https://www.taxtmi.com/caselaws?id=202986 ITAT held that assessments under s.153A are not de novo and do not permit making fresh claims for deductions or allowances where regular assessments were completed at the time of search; claims can be revised only within s.139(5) time limits. The Tribunal confirmed s.234B attracts only increased interest under s.153A, s.240 does not entitle refund where completed assessments stand annulled, and original s.139 returns are relevant for penalty. The ground seeking new claims was rejected and all appeals were dismissed. en-us Wed, 19 Aug 2009 00:00:00 +0530 Wed, 12 Nov 2025 16:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=202986 ITAT held that assessments under s.153A are not de novo and do not permit making fresh claims for deductions or allowances where regular assessments were completed at the time of search; claims can be revised only within s.139(5) time limits. The Tribunal confirmed s.234B attracts only increased interest under s.153A, s.240 does not entitle refund where completed assessments stand annulled, and original s.139 returns are relevant for penalty. The ground seeking new claims was rejected and all appeals were dismissed. Case-Laws Income Tax Wed, 19 Aug 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=202986