https://www.taxtmi.com/caselaws?id=283338 The Tribunal dismissed the Revenue's appeal, affirming the CIT(A)'s decision to treat interest income as business income and allow the deduction under section 80IB. The Tribunal emphasized that no incriminating material was found during the search, thus precluding any addition under section 153A. The decision underscores the necessity of incriminating evidence for post-assessment additions. en-us Thu, 14 Nov 2013 00:00:00 +0530 Wed, 17 Jul 2024 14:33:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=283338 The Tribunal dismissed the Revenue's appeal, affirming the CIT(A)'s decision to treat interest income as business income and allow the deduction under section 80IB. The Tribunal emphasized that no incriminating material was found during the search, thus precluding any addition under section 153A. The decision underscores the necessity of incriminating evidence for post-assessment additions. Case-Laws Income Tax Thu, 14 Nov 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=283338