https://www.taxtmi.com/caselaws?id=278225 The Tribunal held that the assessment orders under Section 153A were not valid due to the lack of incriminating material found during the search. The additions made by disallowing business expenditures were deemed unsustainable as they were not based on evidence from the search. Procedural irregularities in the issuance of notices and abatement of proceedings further supported the Tribunal's decision. Consequently, the Tribunal allowed the appeals, overturning the additions for the respective assessment years. en-us Mon, 27 Jun 2016 00:00:00 +0530 Sat, 19 Jan 2019 07:41:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=278225 The Tribunal held that the assessment orders under Section 153A were not valid due to the lack of incriminating material found during the search. The additions made by disallowing business expenditures were deemed unsustainable as they were not based on evidence from the search. Procedural irregularities in the issuance of notices and abatement of proceedings further supported the Tribunal's decision. Consequently, the Tribunal allowed the appeals, overturning the additions for the respective assessment years. Case-Laws Income Tax Mon, 27 Jun 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=278225