https://www.taxtmi.com/caselaws?id=370598 The Tribunal upheld the Assessing Officer's jurisdiction under Section 153A of the Income Tax Act, 1961, based on incriminating evidence found during a search. It determined that the assessee had sufficient opportunities for cross-examination, dismissing claims of inadequate opportunity. Addition to the assessee's income was deemed valid, supported by statements and documents seized. The unaccounted money used in a land purchase was held taxable in the assessee's hands. The Tribunal affirmed the lower authorities' decisions, finding no merit in the appeal and concluding that the unaccounted money was taxable in the assessee's hands. en-us Thu, 15 Nov 2018 00:00:00 +0530 Tue, 20 Nov 2018 07:48:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=370598 The Tribunal upheld the Assessing Officer's jurisdiction under Section 153A of the Income Tax Act, 1961, based on incriminating evidence found during a search. It determined that the assessee had sufficient opportunities for cross-examination, dismissing claims of inadequate opportunity. Addition to the assessee's income was deemed valid, supported by statements and documents seized. The unaccounted money used in a land purchase was held taxable in the assessee's hands. The Tribunal affirmed the lower authorities' decisions, finding no merit in the appeal and concluding that the unaccounted money was taxable in the assessee's hands. Case-Laws Income Tax Thu, 15 Nov 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=370598