https://www.taxtmi.com/caselaws?id=275070 The Tribunal quashed non-abated assessment orders for the years 2002-03, 2003-04, and 2005-06, and deleted additions under Section 153A due to lack of incriminating material. Additionally, the Tribunal ruled in favor of the assessee regarding the genuineness of gifts in the form of Resurgent India Bonds and Long-Term/Short-Term Capital Gains, finding the transactions authentic. The Tribunal partially allowed the appeals, deleting the contested additions and dismissing the charging of interest under Sections 234A and 234B. en-us Wed, 18 May 2016 00:00:00 +0530 Mon, 17 Sep 2018 20:26:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=275070 The Tribunal quashed non-abated assessment orders for the years 2002-03, 2003-04, and 2005-06, and deleted additions under Section 153A due to lack of incriminating material. Additionally, the Tribunal ruled in favor of the assessee regarding the genuineness of gifts in the form of Resurgent India Bonds and Long-Term/Short-Term Capital Gains, finding the transactions authentic. The Tribunal partially allowed the appeals, deleting the contested additions and dismissing the charging of interest under Sections 234A and 234B. Case-Laws Income Tax Wed, 18 May 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=275070