https://www.taxtmi.com/caselaws?id=191176 The Tribunal dismissed all Revenue appeals, upholding CIT(A)'s orders for assessment years 2006-07, 2007-08, 2008-09, 2009-10, and 2011-12. It ruled that assessments under section 143(3) with section 153A were invalid without incriminating material from the search. Deletions of additions under sections 68, unexplained receipts from share sales, unexplained investments in shares, and loans from specific parties were upheld due to lack of incriminating evidence. The Tribunal emphasized the requirement of seized material to support additions in non-abated assessments under section 153A. en-us Wed, 30 Nov 2016 00:00:00 +0530 Wed, 22 Mar 2017 23:17:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=191176 The Tribunal dismissed all Revenue appeals, upholding CIT(A)'s orders for assessment years 2006-07, 2007-08, 2008-09, 2009-10, and 2011-12. It ruled that assessments under section 143(3) with section 153A were invalid without incriminating material from the search. Deletions of additions under sections 68, unexplained receipts from share sales, unexplained investments in shares, and loans from specific parties were upheld due to lack of incriminating evidence. The Tribunal emphasized the requirement of seized material to support additions in non-abated assessments under section 153A. Case-Laws Income Tax Wed, 30 Nov 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=191176