https://www.taxtmi.com/caselaws?id=249823 The Tribunal allowed all six appeals of the assessee, emphasizing the importance of incriminating material for re-assessment under section 153A. The judgment highlighted that without such material, the re-assessment of concluded assessments is not permissible. The decision underscored the need for valid reasons and justification for any disallowances, ultimately ruling in favor of the assessee in both issues of expenditure and depreciation. en-us Mon, 16 Jun 2014 00:00:00 +0530 Fri, 25 Jul 2014 13:56:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=249823 The Tribunal allowed all six appeals of the assessee, emphasizing the importance of incriminating material for re-assessment under section 153A. The judgment highlighted that without such material, the re-assessment of concluded assessments is not permissible. The decision underscored the need for valid reasons and justification for any disallowances, ultimately ruling in favor of the assessee in both issues of expenditure and depreciation. Case-Laws Income Tax Mon, 16 Jun 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=249823