https://www.taxtmi.com/caselaws?id=362629 The Tribunal allowed the appeal, canceling the penalty under Section 271(1)(c) of the Income-tax Act as the underlying addition was deleted. The Tribunal upheld the assessment but rejected the application of Section 153C regarding seized documents from a third party. The addition made by the Assessing Officer was deemed unjustified due to lack of evidence linking the documents to the assessee. The decision was pronounced on 27th June 2018. en-us Wed, 27 Jun 2018 00:00:00 +0530 Fri, 29 Jun 2018 07:17:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=362629 The Tribunal allowed the appeal, canceling the penalty under Section 271(1)(c) of the Income-tax Act as the underlying addition was deleted. The Tribunal upheld the assessment but rejected the application of Section 153C regarding seized documents from a third party. The addition made by the Assessing Officer was deemed unjustified due to lack of evidence linking the documents to the assessee. The decision was pronounced on 27th June 2018. Case-Laws Income Tax Wed, 27 Jun 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=362629