https://www.taxtmi.com/caselaws?id=387234 The appeals were partly allowed for statistical purposes. The Tribunal upheld the validity of the search and the application of Sections 153A and 153C. However, the Tribunal directed the Assessing Officer to re-compute peak credits based on actual deposits and withdrawals. The challenges to the validity of the search and procedural aspects of the assessment were dismissed. en-us Thu, 10 Oct 2019 00:00:00 +0530 Sat, 19 Oct 2019 15:56:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=387234 The appeals were partly allowed for statistical purposes. The Tribunal upheld the validity of the search and the application of Sections 153A and 153C. However, the Tribunal directed the Assessing Officer to re-compute peak credits based on actual deposits and withdrawals. The challenges to the validity of the search and procedural aspects of the assessment were dismissed. Case-Laws Income Tax Thu, 10 Oct 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=387234