https://www.taxtmi.com/caselaws?id=183652 The Tribunal ruled in favor of the assessee, holding that additions under Section 153A must be based on incriminating material found during the search. Recomputing income under Section 153A without such material was deemed invalid. Reassessing income based on the same documents as the original assessment was deemed unlawful unless supported by new incriminating evidence. The Tribunal also clarified that Section 153A does not apply to completed assessments unless new incriminating material is discovered. The Tribunal deleted the additions made by the AO and allowed all appeals in favor of the assessee for the assessment years 2005-06 to 2009-10. en-us Thu, 31 Dec 2015 00:00:00 +0530 Fri, 17 Jun 2016 08:43:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=183652 The Tribunal ruled in favor of the assessee, holding that additions under Section 153A must be based on incriminating material found during the search. Recomputing income under Section 153A without such material was deemed invalid. Reassessing income based on the same documents as the original assessment was deemed unlawful unless supported by new incriminating evidence. The Tribunal also clarified that Section 153A does not apply to completed assessments unless new incriminating material is discovered. The Tribunal deleted the additions made by the AO and allowed all appeals in favor of the assessee for the assessment years 2005-06 to 2009-10. Case-Laws Income Tax Thu, 31 Dec 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=183652