https://www.taxtmi.com/caselaws?id=332484 The Tribunal dismissed the Revenue's appeal, ruling that the additions made by the Assessing Officer were beyond the scope of Section 153A of the Income Tax Act due to the absence of incriminating material. The Tribunal upheld the deletion of the addition of unexplained investment in share application money under section 68, as it was not supported by any seized material or evidence, following legal precedents set by the Delhi High Court and Supreme Court. en-us Fri, 05 Aug 2016 00:00:00 +0530 Fri, 16 Sep 2016 12:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=332484 The Tribunal dismissed the Revenue's appeal, ruling that the additions made by the Assessing Officer were beyond the scope of Section 153A of the Income Tax Act due to the absence of incriminating material. The Tribunal upheld the deletion of the addition of unexplained investment in share application money under section 68, as it was not supported by any seized material or evidence, following legal precedents set by the Delhi High Court and Supreme Court. Case-Laws Income Tax Fri, 05 Aug 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=332484