https://www.taxtmi.com/caselaws?id=171013 The Tribunal upheld the CIT(A)'s decision to delete the addition of Rs. 10,00,000 made under section 68 of the Income Tax Act, emphasizing the lack of incriminating material during the search. It dismissed the Revenue's appeal, allowing the cross objections filed by the assessee challenging the validity of proceedings under section 153A. The Tribunal ruled that without incriminating material, no additions could be justified under section 153A, leading to the confirmation of the assessment order under section 153A and the dismissal of the Revenue's appeal regarding the action and procedure followed during the proceedings. en-us Fri, 18 Jul 2014 00:00:00 +0530 Tue, 07 Jul 2015 14:27:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=171013 The Tribunal upheld the CIT(A)'s decision to delete the addition of Rs. 10,00,000 made under section 68 of the Income Tax Act, emphasizing the lack of incriminating material during the search. It dismissed the Revenue's appeal, allowing the cross objections filed by the assessee challenging the validity of proceedings under section 153A. The Tribunal ruled that without incriminating material, no additions could be justified under section 153A, leading to the confirmation of the assessment order under section 153A and the dismissal of the Revenue's appeal regarding the action and procedure followed during the proceedings. Case-Laws Income Tax Fri, 18 Jul 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=171013