https://www.taxtmi.com/caselaws?id=187680 The Tribunal held that the assessment made under section 153A of the Income Tax Act was invalid as no incriminating material was found during the search, rendering the additions unjustified. Consequently, the disallowances of business loss and bad debts written off by the authorities below were quashed, and the appeal by the assessee was allowed on September 23, 2014. en-us Tue, 23 Sep 2014 00:00:00 +0530 Wed, 02 Nov 2016 17:43:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=187680 The Tribunal held that the assessment made under section 153A of the Income Tax Act was invalid as no incriminating material was found during the search, rendering the additions unjustified. Consequently, the disallowances of business loss and bad debts written off by the authorities below were quashed, and the appeal by the assessee was allowed on September 23, 2014. Case-Laws Income Tax Tue, 23 Sep 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=187680