https://www.taxtmi.com/caselaws?id=189886 The Tribunal allowed the appeal, quashing the assessment under Section 153A and setting aside all additions. The trust was deemed eligible for exemption under Section 11, with no violation of Section 13(1)(c) found. The Tribunal held that the assessment lacked incriminating material and that the additions were unsustainable in a non-abated assessment. Interest under Section 234B was not specifically addressed but implied to be affected by the decision. en-us Wed, 18 Nov 2015 00:00:00 +0530 Tue, 24 Jan 2017 17:28:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=189886 The Tribunal allowed the appeal, quashing the assessment under Section 153A and setting aside all additions. The trust was deemed eligible for exemption under Section 11, with no violation of Section 13(1)(c) found. The Tribunal held that the assessment lacked incriminating material and that the additions were unsustainable in a non-abated assessment. Interest under Section 234B was not specifically addressed but implied to be affected by the decision. Case-Laws Income Tax Wed, 18 Nov 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=189886