https://www.taxtmi.com/caselaws?id=192363 The Tribunal quashed the assessment orders for Assessment Years 2000-01 to 2003-04 due to the absence of incriminating material. However, the assessment under Section 153A for Assessment Year 2004-05 was upheld based on seized documents. Various additions made by the AO were deleted by the CIT(A) and upheld by the Tribunal, including expenditure not related to business, undisclosed franchisee commission, non-refundable securities, suppression of income from self-controlled outlets, and suppression of closing stock. The assessee's appeals for Assessment Years 2000-01 to 2003-04 were allowed, while the appeal for Assessment Year 2004-05 was dismissed for non-prosecution. en-us Fri, 13 May 2016 00:00:00 +0530 Sat, 27 May 2017 07:03:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=192363 The Tribunal quashed the assessment orders for Assessment Years 2000-01 to 2003-04 due to the absence of incriminating material. However, the assessment under Section 153A for Assessment Year 2004-05 was upheld based on seized documents. Various additions made by the AO were deleted by the CIT(A) and upheld by the Tribunal, including expenditure not related to business, undisclosed franchisee commission, non-refundable securities, suppression of income from self-controlled outlets, and suppression of closing stock. The assessee's appeals for Assessment Years 2000-01 to 2003-04 were allowed, while the appeal for Assessment Year 2004-05 was dismissed for non-prosecution. Case-Laws Income Tax Fri, 13 May 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=192363