https://www.taxtmi.com/caselaws?id=335464 The Tribunal allowed the appeal filed by the assessee, holding that the addition of Rs. 2,25,00,000/- made by the AO under Section 68 was without jurisdiction and beyond the scope of Section 153A, as no incriminating material was found during the search. The Tribunal emphasized that in the case of completed assessments, additions could only be made based on seized material, following the decisions of the jurisdictional High Court and the Supreme Court. en-us Mon, 28 Nov 2016 00:00:00 +0530 Thu, 29 Dec 2016 18:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=335464 The Tribunal allowed the appeal filed by the assessee, holding that the addition of Rs. 2,25,00,000/- made by the AO under Section 68 was without jurisdiction and beyond the scope of Section 153A, as no incriminating material was found during the search. The Tribunal emphasized that in the case of completed assessments, additions could only be made based on seized material, following the decisions of the jurisdictional High Court and the Supreme Court. Case-Laws Income Tax Mon, 28 Nov 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=335464