https://www.taxtmi.com/caselaws?id=347881 The Tribunal held that the assessment made under section 153A read with section 143(3) without any incriminating material is invalid and bad in law. Consequently, the additions under section 40A(3) were deemed academic and did not require further adjudication. The appeals of the assessees were allowed, and the consolidated order disposed of both appeals in favor of the assessees. en-us Thu, 27 Jul 2017 00:00:00 +0530 Wed, 13 Sep 2017 08:18:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=347881 The Tribunal held that the assessment made under section 153A read with section 143(3) without any incriminating material is invalid and bad in law. Consequently, the additions under section 40A(3) were deemed academic and did not require further adjudication. The appeals of the assessees were allowed, and the consolidated order disposed of both appeals in favor of the assessees. Case-Laws Income Tax Thu, 27 Jul 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=347881