https://www.taxtmi.com/caselaws?id=266486 ITAT's deletion of additions was upheld and the appeal dismissed against the revenue. HC held proceedings under s.153A lacked jurisdiction because no assessments were pending at the time of initiation and no incriminating evidence was found; the court applied its prior ruling in Continental Warehousing, which the revenue did not contest as applicable. As a result, issues on merits were rendered academic and no substantial question of law arose. The decision is against the revenue. en-us Mon, 05 Oct 2015 00:00:00 +0530 Tue, 28 Oct 2025 12:20:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=266486 ITAT's deletion of additions was upheld and the appeal dismissed against the revenue. HC held proceedings under s.153A lacked jurisdiction because no assessments were pending at the time of initiation and no incriminating evidence was found; the court applied its prior ruling in Continental Warehousing, which the revenue did not contest as applicable. As a result, issues on merits were rendered academic and no substantial question of law arose. The decision is against the revenue. Case-Laws Income Tax Mon, 05 Oct 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=266486