https://www.taxtmi.com/caselaws?id=378320 The Tribunal allowed the appeal, directing the deletion of additions made under section 68 of the Income Tax Act as they were not supported by incriminating material found during the search. The Tribunal emphasized the requirement of such material for additions under section 68 and concluded that the additions based on post-search information were invalid. The appeal was allowed in favor of the assessee, highlighting the necessity of a direct link between material found during a search and subsequent additions in assessments. en-us Fri, 29 Mar 2019 00:00:00 +0530 Fri, 12 Apr 2019 15:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=378320 The Tribunal allowed the appeal, directing the deletion of additions made under section 68 of the Income Tax Act as they were not supported by incriminating material found during the search. The Tribunal emphasized the requirement of such material for additions under section 68 and concluded that the additions based on post-search information were invalid. The appeal was allowed in favor of the assessee, highlighting the necessity of a direct link between material found during a search and subsequent additions in assessments. Case-Laws Income Tax Fri, 29 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=378320