https://www.taxtmi.com/caselaws?id=191708 The High Court upheld the ITAT's decision to delete additions under Section 153A following search and seizure proceedings, rejecting the revenue's arguments that new material revealed undisclosed income. The Court emphasized the applicability of the principles from a prior case, distinguishing Section 153A from Section 148 assessments. It concluded that the revenue's contentions lacked merit and dismissed the appeals, affirming the deletion of additions and supporting the ITAT's decision. en-us Wed, 19 Oct 2016 00:00:00 +0530 Fri, 14 Apr 2017 11:04:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=191708 The High Court upheld the ITAT's decision to delete additions under Section 153A following search and seizure proceedings, rejecting the revenue's arguments that new material revealed undisclosed income. The Court emphasized the applicability of the principles from a prior case, distinguishing Section 153A from Section 148 assessments. It concluded that the revenue's contentions lacked merit and dismissed the appeals, affirming the deletion of additions and supporting the ITAT's decision. Case-Laws Income Tax Wed, 19 Oct 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=191708