https://www.taxtmi.com/caselaws?id=268549 The Tribunal dismissed the Revenue's appeals, allowing the assessee's cross objections. It concluded that the proceedings under section 143(3) r.w.s. 153C were invalid as no incriminating material was found during the search, rendering the assessments invalid. The Tribunal did not address the merits of the disallowance of administrative and other overheads due to the invalidity of the proceedings. en-us Mon, 12 Oct 2015 00:00:00 +0530 Fri, 27 Nov 2015 15:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=268549 The Tribunal dismissed the Revenue's appeals, allowing the assessee's cross objections. It concluded that the proceedings under section 143(3) r.w.s. 153C were invalid as no incriminating material was found during the search, rendering the assessments invalid. The Tribunal did not address the merits of the disallowance of administrative and other overheads due to the invalidity of the proceedings. Case-Laws Income Tax Mon, 12 Oct 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=268549