https://www.taxtmi.com/caselaws?id=345701 The Court dismissed the Appeals challenging the Tribunal's decision in favor of the Assessee for Assessment years 2002-03 and 2003-04. It held that assessments under Section 153A should be limited to incriminating evidence found during the search, rejecting the Revenue's argument to extend the scope beyond that. Emphasizing that Section 153A does not distinguish between assessments under Sections 143(1) and 143(3) of the Act, the Court affirmed that it should not be used for a second round of assessment. Previous judgments supported this interpretation, leading to the dismissal of the Appeals without costs. en-us Wed, 12 Jul 2017 00:00:00 +0530 Sat, 18 Nov 2017 14:51:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=345701 The Court dismissed the Appeals challenging the Tribunal's decision in favor of the Assessee for Assessment years 2002-03 and 2003-04. It held that assessments under Section 153A should be limited to incriminating evidence found during the search, rejecting the Revenue's argument to extend the scope beyond that. Emphasizing that Section 153A does not distinguish between assessments under Sections 143(1) and 143(3) of the Act, the Court affirmed that it should not be used for a second round of assessment. Previous judgments supported this interpretation, leading to the dismissal of the Appeals without costs. Case-Laws Income Tax Wed, 12 Jul 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=345701