https://www.taxtmi.com/caselaws?id=242861 The Tribunal ruled in favor of the assessee, holding that the assessments under Section 153C were not valid due to the absence of incriminating material found during the search. The disallowance of capitalization of expenses was also overturned. The decision was delivered on 20th December 2013. en-us Fri, 20 Dec 2013 00:00:00 +0530 Wed, 22 Jan 2014 06:32:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=242861 The Tribunal ruled in favor of the assessee, holding that the assessments under Section 153C were not valid due to the absence of incriminating material found during the search. The disallowance of capitalization of expenses was also overturned. The decision was delivered on 20th December 2013. Case-Laws Income Tax Fri, 20 Dec 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=242861