https://www.taxtmi.com/caselaws?id=379569 The Tribunal upheld the CIT(A)'s decision, ruling that the assessments under section 153C/143(3) of the Income Tax Act were invalid due to inadequate satisfaction note and lack of incriminating material. Consequently, the additions made by the Assessing Officer were deemed unsustainable, leading to the cancellation of assessments for the relevant years. The Tribunal dismissed the Revenue's appeals and allowed the Cross Objections filed by the assessee. en-us Wed, 01 May 2019 00:00:00 +0530 Fri, 03 May 2019 17:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=379569 The Tribunal upheld the CIT(A)'s decision, ruling that the assessments under section 153C/143(3) of the Income Tax Act were invalid due to inadequate satisfaction note and lack of incriminating material. Consequently, the additions made by the Assessing Officer were deemed unsustainable, leading to the cancellation of assessments for the relevant years. The Tribunal dismissed the Revenue's appeals and allowed the Cross Objections filed by the assessee. Case-Laws Income Tax Wed, 01 May 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=379569