https://www.taxtmi.com/caselaws?id=251248 The Tribunal declared the initiation of proceedings under Section 153C invalid due to the lack of incriminating material directly linking the assessees. It also invalidated the addition of unexplained investment, citing insufficient evidence and procedural lapses. The assessment orders were set aside, and the appeals were allowed on legal grounds. en-us Wed, 27 Aug 2014 00:00:00 +0530 Sat, 06 Sep 2014 16:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=251248 The Tribunal declared the initiation of proceedings under Section 153C invalid due to the lack of incriminating material directly linking the assessees. It also invalidated the addition of unexplained investment, citing insufficient evidence and procedural lapses. The assessment orders were set aside, and the appeals were allowed on legal grounds. Case-Laws Income Tax Wed, 27 Aug 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=251248