https://www.taxtmi.com/caselaws?id=370658 The Tribunal quashed the section 153A proceedings as no incriminating material was found during the search, rendering the proceedings invalid. Additionally, the additions under section 68 for unexplained share capital were deemed unsustainable due to lack of corroborative evidence, leading to the assessees' appeals being allowed. en-us Wed, 14 Nov 2018 00:00:00 +0530 Tue, 20 Nov 2018 08:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=370658 The Tribunal quashed the section 153A proceedings as no incriminating material was found during the search, rendering the proceedings invalid. Additionally, the additions under section 68 for unexplained share capital were deemed unsustainable due to lack of corroborative evidence, leading to the assessees' appeals being allowed. Case-Laws Income Tax Wed, 14 Nov 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=370658