https://www.taxtmi.com/caselaws?id=359931 The Tribunal allowed the appeals for Assessment Years 2007-08 and 2008-09, as the assessments under section 153A read with section 144 were found to be without jurisdiction due to the absence of incriminating material. However, the appeals for Assessment Years 2010-11 and 2012-13 were dismissed as the assessments were deemed to be valid. Specific additions were addressed for each year, with some being upheld due to lack of evidence. The charging of interest under various sections was deemed mandatory, and penalty proceedings were considered premature and dismissed. en-us Thu, 26 Apr 2018 00:00:00 +0530 Mon, 07 May 2018 08:24:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=359931 The Tribunal allowed the appeals for Assessment Years 2007-08 and 2008-09, as the assessments under section 153A read with section 144 were found to be without jurisdiction due to the absence of incriminating material. However, the appeals for Assessment Years 2010-11 and 2012-13 were dismissed as the assessments were deemed to be valid. Specific additions were addressed for each year, with some being upheld due to lack of evidence. The charging of interest under various sections was deemed mandatory, and penalty proceedings were considered premature and dismissed. Case-Laws Income Tax Thu, 26 Apr 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=359931