https://www.taxtmi.com/caselaws?id=383965 Additions in completed search-related assessments under section 153A cannot be sustained without incriminating material found during the search. Post-search inquiries alone are insufficient where no seized material or unaccounted transaction links the claimed exempt capital gain to undisclosed income. Applying the binding jurisdictional view, the Tribunal upheld the first appellate authority's deletion of the additions because the Revenue did not disturb the finding that no incriminating material existed. The Revenue's appeals were therefore rejected. en-us Wed, 31 Jul 2019 00:00:00 +0530 Sat, 03 Aug 2019 09:05:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=383965 Additions in completed search-related assessments under section 153A cannot be sustained without incriminating material found during the search. Post-search inquiries alone are insufficient where no seized material or unaccounted transaction links the claimed exempt capital gain to undisclosed income. Applying the binding jurisdictional view, the Tribunal upheld the first appellate authority's deletion of the additions because the Revenue did not disturb the finding that no incriminating material existed. The Revenue's appeals were therefore rejected. Case-Laws Income Tax Wed, 31 Jul 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=383965