https://www.taxtmi.com/caselaws?id=259782 Post-search assessment power under section 153A must be exercised only where the search uncovers incriminating material; absent such material, the extended assessment period cannot be invoked, and prior Division Bench precedent binding on revenue requires ruling in favour of the assessee. Separately, facilities functioning as inland container depots (ICDs) and container freight stations (CFSs) located within port precincts and proximate to a seaport qualify as 'infrastructure facilities' for purposes of the infrastructure deduction, so deduction under section 80-IA(4) (Explanation d) is available to both ICDs and CFSs; certificates or circulars are unnecessary to sustain that conclusion. en-us Tue, 21 Apr 2015 00:00:00 +0530 Fri, 06 Feb 2026 14:27:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=259782 Post-search assessment power under section 153A must be exercised only where the search uncovers incriminating material; absent such material, the extended assessment period cannot be invoked, and prior Division Bench precedent binding on revenue requires ruling in favour of the assessee. Separately, facilities functioning as inland container depots (ICDs) and container freight stations (CFSs) located within port precincts and proximate to a seaport qualify as 'infrastructure facilities' for purposes of the infrastructure deduction, so deduction under section 80-IA(4) (Explanation d) is available to both ICDs and CFSs; certificates or circulars are unnecessary to sustain that conclusion. Case-Laws Income Tax Tue, 21 Apr 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=259782