https://www.taxtmi.com/caselaws?id=331526 The Tribunal quashed the assessments for A.Y. 2001-02 & 2002-03 due to the lack of incriminating material found during the search. Expenditure claimed by the assessee for A.Y. 2003-04 to 2007-08 was allowed by the Tribunal as reasonable. The addition of rental income in the hands of the assessee was upheld, confirming the findings of the lower authorities. The appeals were partly allowed. en-us Tue, 12 Jul 2016 00:00:00 +0530 Fri, 26 Aug 2016 13:27:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=331526 The Tribunal quashed the assessments for A.Y. 2001-02 & 2002-03 due to the lack of incriminating material found during the search. Expenditure claimed by the assessee for A.Y. 2003-04 to 2007-08 was allowed by the Tribunal as reasonable. The addition of rental income in the hands of the assessee was upheld, confirming the findings of the lower authorities. The appeals were partly allowed. Case-Laws Income Tax Tue, 12 Jul 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=331526