https://www.taxtmi.com/caselaws?id=340829 The High Court remanded the case to the Tribunal to examine the specific facts related to the assessee for determining the sustainability of additions under Section 68 of the Act. The Court found that the ITAT had not properly addressed the legal issues raised by the assessee regarding the validity of search and subsequent additions under Section 153A/143(3) and in non-abated assessments. The Tribunal allowed the appeals for the assessment years 2003-04 and 2004-05, while setting aside the issue for further examination by the AO for the assessment years 2006-07 to 2009-10 to establish the genuineness of credit entries. en-us Mon, 27 Feb 2017 00:00:00 +0530 Tue, 28 Mar 2017 06:48:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=340829 The High Court remanded the case to the Tribunal to examine the specific facts related to the assessee for determining the sustainability of additions under Section 68 of the Act. The Court found that the ITAT had not properly addressed the legal issues raised by the assessee regarding the validity of search and subsequent additions under Section 153A/143(3) and in non-abated assessments. The Tribunal allowed the appeals for the assessment years 2003-04 and 2004-05, while setting aside the issue for further examination by the AO for the assessment years 2006-07 to 2009-10 to establish the genuineness of credit entries. Case-Laws Income Tax Mon, 27 Feb 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=340829