https://www.taxtmi.com/caselaws?id=177584 The appeals were allowed in favor of the assessees, with the Tribunal ruling that additions made by the Assessing Officer were not valid as they were not based on any incriminating material found during the search, in accordance with Section 153A of the Income-tax Act, 1961. Additionally, the Tribunal set aside all additions made by the Assessing Officer, including the disallowance of revenue expenditure as capital expenditure based on a revision order, ultimately dismissing the appeals filed by the Revenue. en-us Thu, 05 Feb 2015 00:00:00 +0530 Wed, 13 Jan 2016 10:08:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=177584 The appeals were allowed in favor of the assessees, with the Tribunal ruling that additions made by the Assessing Officer were not valid as they were not based on any incriminating material found during the search, in accordance with Section 153A of the Income-tax Act, 1961. Additionally, the Tribunal set aside all additions made by the Assessing Officer, including the disallowance of revenue expenditure as capital expenditure based on a revision order, ultimately dismissing the appeals filed by the Revenue. Case-Laws Income Tax Thu, 05 Feb 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=177584