https://www.taxtmi.com/caselaws?id=372145 The High Court upheld the ITAT's decision in a tax appeal, ruling that the search conducted under section 132 was invalid as no incriminating material was found, rendering subsequent proceedings under section 153A void. The court also deleted additions of undisclosed investment amounts and other charges due to lack of concrete evidence and upheld similar decisions in related cases. The Revenue's appeals were dismissed based on tax thresholds, and Circular No. 3/2018 was applied to support the deletions, resulting in the allowance of the assessee's appeals and the dismissal of the Revenue's appeals. en-us Wed, 12 Dec 2018 00:00:00 +0530 Tue, 18 Dec 2018 12:41:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=372145 The High Court upheld the ITAT's decision in a tax appeal, ruling that the search conducted under section 132 was invalid as no incriminating material was found, rendering subsequent proceedings under section 153A void. The court also deleted additions of undisclosed investment amounts and other charges due to lack of concrete evidence and upheld similar decisions in related cases. The Revenue's appeals were dismissed based on tax thresholds, and Circular No. 3/2018 was applied to support the deletions, resulting in the allowance of the assessee's appeals and the dismissal of the Revenue's appeals. Case-Laws Income Tax Wed, 12 Dec 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=372145