https://www.taxtmi.com/caselaws?id=260837 The Tribunal allowed the assessee's appeals, quashing the Section 153C proceedings due to the absence of incriminating material and improper recording of satisfaction. The Tribunal emphasized the strict interpretation of the Revenue's powers in search proceedings and upheld the legal principles governing the initiation of proceedings under Section 153C. The assessee's appeals for both A.Y. 2006-07 and 2007-08 were allowed. en-us Fri, 19 Jun 2015 00:00:00 +0530 Thu, 25 Jun 2015 06:10:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=260837 The Tribunal allowed the assessee's appeals, quashing the Section 153C proceedings due to the absence of incriminating material and improper recording of satisfaction. The Tribunal emphasized the strict interpretation of the Revenue's powers in search proceedings and upheld the legal principles governing the initiation of proceedings under Section 153C. The assessee's appeals for both A.Y. 2006-07 and 2007-08 were allowed. Case-Laws Income Tax Fri, 19 Jun 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=260837