https://www.taxtmi.com/caselaws?id=370551 The tribunal allowed the appeals for AY 2010-11 and AY 2013-14, directing the deletion of additions made by the AO as no incriminating material was found during the search. The tribunal emphasized the necessity of incriminating material for disturbing concluded assessments under section 153A, citing judicial precedents. Consequently, the additions towards share capital and the disallowance of trading loss on the sale of shares were both deleted. en-us Wed, 10 Oct 2018 00:00:00 +0530 Tue, 20 Nov 2018 07:33:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=370551 The tribunal allowed the appeals for AY 2010-11 and AY 2013-14, directing the deletion of additions made by the AO as no incriminating material was found during the search. The tribunal emphasized the necessity of incriminating material for disturbing concluded assessments under section 153A, citing judicial precedents. Consequently, the additions towards share capital and the disallowance of trading loss on the sale of shares were both deleted. Case-Laws Income Tax Wed, 10 Oct 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=370551