https://www.taxtmi.com/caselaws?id=328876 The Tribunal upheld the jurisdiction of assessment under section 153A for one assessment year but dismissed the challenge for other years. It found that the assessee was granted a reasonable opportunity of being heard and dismissed the claim of non-admission of additional evidence. Various additions and disallowances were set aside for fresh adjudication, requiring the assessee to provide explanations and evidence. The penalty under section 271(1)(c) was set aside for reconsideration following fresh adjudication of the quantum appeals. en-us Mon, 25 Apr 2016 00:00:00 +0530 Fri, 17 Jun 2016 09:10:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=328876 The Tribunal upheld the jurisdiction of assessment under section 153A for one assessment year but dismissed the challenge for other years. It found that the assessee was granted a reasonable opportunity of being heard and dismissed the claim of non-admission of additional evidence. Various additions and disallowances were set aside for fresh adjudication, requiring the assessee to provide explanations and evidence. The penalty under section 271(1)(c) was set aside for reconsideration following fresh adjudication of the quantum appeals. Case-Laws Income Tax Mon, 25 Apr 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=328876