https://www.taxtmi.com/caselaws?id=379083 The Tribunal dismissed all three appeals filed by the Revenue, emphasizing the need for incriminating material for assessment proceedings under section 153A of the IT Act. It highlighted the requirement of substantive evidence to support additions to income, ruling in favor of the assessee in disputes concerning unexplained cash credit under section 68 and disputed commission paid to entry operators. The Tribunal found that the initiation of assessment proceedings without incriminating material was not maintainable, leading to the deletion of the additions made by the Assessing Officer. en-us Wed, 24 Apr 2019 00:00:00 +0530 Fri, 26 Apr 2019 14:14:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=379083 The Tribunal dismissed all three appeals filed by the Revenue, emphasizing the need for incriminating material for assessment proceedings under section 153A of the IT Act. It highlighted the requirement of substantive evidence to support additions to income, ruling in favor of the assessee in disputes concerning unexplained cash credit under section 68 and disputed commission paid to entry operators. The Tribunal found that the initiation of assessment proceedings without incriminating material was not maintainable, leading to the deletion of the additions made by the Assessing Officer. Case-Laws Income Tax Wed, 24 Apr 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=379083