https://www.taxtmi.com/caselaws?id=252534 The Tribunal invalidated proceedings initiated under Section 153C of the Income-tax Act due to the absence of incriminating material. For the addition made under Section 68 regarding unexplained agricultural income, the Tribunal reduced the disallowance to 25% after considering evidence and a remand report. Assessment orders were quashed for years under Section 153C, and the appeal for the year assessed under Section 143(3) was partially allowed. en-us Fri, 04 Jul 2014 00:00:00 +0530 Tue, 28 Oct 2014 07:33:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=252534 The Tribunal invalidated proceedings initiated under Section 153C of the Income-tax Act due to the absence of incriminating material. For the addition made under Section 68 regarding unexplained agricultural income, the Tribunal reduced the disallowance to 25% after considering evidence and a remand report. Assessment orders were quashed for years under Section 153C, and the appeal for the year assessed under Section 143(3) was partially allowed. Case-Laws Income Tax Fri, 04 Jul 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=252534