https://www.taxtmi.com/caselaws?id=177217 The Tribunal upheld the Commissioner of Income Tax (Appeals)'s decision in a case concerning assessments under section 153A r.w.s. 143(3) for the assessment year 2001-02. It ruled that without incriminating material found during search proceedings, completed assessments cannot be disturbed. The Tribunal emphasized the necessity of incriminating material for additions to income already assessed, following a Special Bench decision in Mumbai. Consequently, the appeal by the Revenue was dismissed, affirming the Commissioner's deletion of an addition of Rs. 17,94,690 in expenditure heads lacking incriminating evidence. en-us Sat, 04 Aug 2012 00:00:00 +0530 Thu, 27 Jul 2017 11:53:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=177217 The Tribunal upheld the Commissioner of Income Tax (Appeals)'s decision in a case concerning assessments under section 153A r.w.s. 143(3) for the assessment year 2001-02. It ruled that without incriminating material found during search proceedings, completed assessments cannot be disturbed. The Tribunal emphasized the necessity of incriminating material for additions to income already assessed, following a Special Bench decision in Mumbai. Consequently, the appeal by the Revenue was dismissed, affirming the Commissioner's deletion of an addition of Rs. 17,94,690 in expenditure heads lacking incriminating evidence. Case-Laws Income Tax Sat, 04 Aug 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=177217