https://www.taxtmi.com/caselaws?id=338472 The ITAT dismissed the Revenue's appeal, upholding the CIT(A)'s decision that the AO lacked the authority to add Long Term Capital Gains (LTCG) and bogus commission expenditure without incriminating material found during the search. The additions were deemed beyond the scope of section 153A as the disclosed items were already part of the original return. Consequently, the assessee's cross objections were dismissed, and both the Revenue's appeal and the assessee's cross objections for A.Y. 2006-07 were rejected. en-us Wed, 23 Nov 2016 00:00:00 +0530 Sat, 04 Feb 2017 12:44:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=338472 The ITAT dismissed the Revenue's appeal, upholding the CIT(A)'s decision that the AO lacked the authority to add Long Term Capital Gains (LTCG) and bogus commission expenditure without incriminating material found during the search. The additions were deemed beyond the scope of section 153A as the disclosed items were already part of the original return. Consequently, the assessee's cross objections were dismissed, and both the Revenue's appeal and the assessee's cross objections for A.Y. 2006-07 were rejected. Case-Laws Income Tax Wed, 23 Nov 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=338472