https://www.taxtmi.com/caselaws?id=340542 The Tribunal held that the Assessing Officer lacked jurisdiction to frame assessments under section 153A of the IT Act for the years under consideration as no incriminating material was found during the search to support the additions made. The Tribunal ruled in favor of the appellant, citing legal precedents, and declared the assessment orders passed under section 153A as unsustainable in law. The appeals filed by the assessee for the assessment years 2001-02 and 2004-05 were allowed. en-us Tue, 14 Feb 2017 00:00:00 +0530 Thu, 23 Mar 2017 09:09:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=340542 The Tribunal held that the Assessing Officer lacked jurisdiction to frame assessments under section 153A of the IT Act for the years under consideration as no incriminating material was found during the search to support the additions made. The Tribunal ruled in favor of the appellant, citing legal precedents, and declared the assessment orders passed under section 153A as unsustainable in law. The appeals filed by the assessee for the assessment years 2001-02 and 2004-05 were allowed. Case-Laws Income Tax Tue, 14 Feb 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=340542