https://www.taxtmi.com/caselaws?id=368454 The Tribunal allowed the assessee's appeals, quashing assessments for all four years as no incriminating material was found during the search, a prerequisite for invoking section 153A of the Income Tax Act. The Tribunal highlighted the necessity of new incriminating evidence for reassessment under section 153A, emphasizing that assessments cannot be based solely on pre-existing material. en-us Fri, 28 Sep 2018 00:00:00 +0530 Tue, 09 Oct 2018 06:44:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=368454 The Tribunal allowed the assessee's appeals, quashing assessments for all four years as no incriminating material was found during the search, a prerequisite for invoking section 153A of the Income Tax Act. The Tribunal highlighted the necessity of new incriminating evidence for reassessment under section 153A, emphasizing that assessments cannot be based solely on pre-existing material. Case-Laws Income Tax Fri, 28 Sep 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=368454