https://www.taxtmi.com/caselaws?id=373586 The tribunal quashed assessments framed under Section 153A of the Income-tax Act as they were without jurisdiction due to the absence of incriminating material found during the search. Additionally, the tribunal directed the deletion of additions made based on the Volker Committee Report under Section 69C, emphasizing the Revenue's failure to provide concrete evidence. Regarding the claim of deduction under Section 80HHC, the tribunal upheld the CIT(A)'s decision to compute the deduction as per the original return filed. Consequently, the tribunal allowed all three appeals of the assessee and dismissed the Revenue's appeal. en-us Mon, 14 Jan 2019 00:00:00 +0530 Tue, 12 Mar 2019 16:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=373586 The tribunal quashed assessments framed under Section 153A of the Income-tax Act as they were without jurisdiction due to the absence of incriminating material found during the search. Additionally, the tribunal directed the deletion of additions made based on the Volker Committee Report under Section 69C, emphasizing the Revenue's failure to provide concrete evidence. Regarding the claim of deduction under Section 80HHC, the tribunal upheld the CIT(A)'s decision to compute the deduction as per the original return filed. Consequently, the tribunal allowed all three appeals of the assessee and dismissed the Revenue's appeal. Case-Laws Income Tax Mon, 14 Jan 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=373586