https://www.taxtmi.com/caselaws?id=194404 The High Court upheld the Tribunal's decision in a case concerning the validity of proceedings under section 153A of the Income Tax Act. It was found that the Assessing Officer lacked jurisdiction for assessing the income of the assessee as no incriminating material was discovered during the search. The assessment was based on estimated income, and the absence of incriminating materials did not invalidate the process. The High Court dismissed the appeal, affirming the Tribunal's decision on all issues raised in the case. en-us Wed, 18 Jun 2014 00:00:00 +0530 Thu, 07 Sep 2017 09:50:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=194404 The High Court upheld the Tribunal's decision in a case concerning the validity of proceedings under section 153A of the Income Tax Act. It was found that the Assessing Officer lacked jurisdiction for assessing the income of the assessee as no incriminating material was discovered during the search. The assessment was based on estimated income, and the absence of incriminating materials did not invalidate the process. The High Court dismissed the appeal, affirming the Tribunal's decision on all issues raised in the case. Case-Laws Income Tax Wed, 18 Jun 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=194404