https://www.taxtmi.com/caselaws?id=345242 The Tribunal allowed the appeal of the assessee, holding that the Assessing Officer lacked jurisdiction to issue a notice under Section 153C and add Rs. 49,50,000 without incriminating material. The Tribunal also found that the assessee adequately explained the cash receipts, leading to the deletion of the addition under Section 68. en-us Mon, 03 Apr 2017 00:00:00 +0530 Wed, 12 Jul 2017 07:07:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=345242 The Tribunal allowed the appeal of the assessee, holding that the Assessing Officer lacked jurisdiction to issue a notice under Section 153C and add Rs. 49,50,000 without incriminating material. The Tribunal also found that the assessee adequately explained the cash receipts, leading to the deletion of the addition under Section 68. Case-Laws Income Tax Mon, 03 Apr 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=345242