https://www.taxtmi.com/caselaws?id=339814 The Tribunal held that the AO's order under section 153A was invalid as no incriminating material was found during the search, following the decision in Commissioner of Income Tax vs. Kabul Chawla. The Tribunal allowed the appeal, emphasizing that additions without such material are unsustainable. Additionally, the Tribunal overturned the disallowance under section 40A(3) and the treatment of land, as they were not supported by incriminating material. The appeal was allowed based on legal principles and precedents, highlighting that assessments under section 153A must be grounded in seized material, not assumptions. en-us Fri, 03 Mar 2017 00:00:00 +0530 Wed, 08 Mar 2017 06:57:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=339814 The Tribunal held that the AO's order under section 153A was invalid as no incriminating material was found during the search, following the decision in Commissioner of Income Tax vs. Kabul Chawla. The Tribunal allowed the appeal, emphasizing that additions without such material are unsustainable. Additionally, the Tribunal overturned the disallowance under section 40A(3) and the treatment of land, as they were not supported by incriminating material. The appeal was allowed based on legal principles and precedents, highlighting that assessments under section 153A must be grounded in seized material, not assumptions. Case-Laws Income Tax Fri, 03 Mar 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=339814