https://www.taxtmi.com/caselaws?id=352732 The Income Tax Appellate Tribunal (ITAT) dismissed the Revenue's appeals and allowed the assessee's appeals in a case involving disallowances under Section 14A and the provision for the redemption of preference shares while computing book profit under Section 115JB. The ITAT upheld the quashing of the assessment framed under Section 153A due to the absence of incriminating material found during the search. en-us Wed, 13 Dec 2017 00:00:00 +0530 Tue, 19 Dec 2017 10:32:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=352732 The Income Tax Appellate Tribunal (ITAT) dismissed the Revenue's appeals and allowed the assessee's appeals in a case involving disallowances under Section 14A and the provision for the redemption of preference shares while computing book profit under Section 115JB. The ITAT upheld the quashing of the assessment framed under Section 153A due to the absence of incriminating material found during the search. Case-Laws Income Tax Wed, 13 Dec 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=352732