https://www.taxtmi.com/caselaws?id=285792 The Tribunal ruled in favor of the assessee, holding that additions made by the Assessing Officer (A.O.) under Section 153A without incriminating material were not sustainable. The Tribunal deleted the additions of Rs. 3,839 for a difference in FDR interest and Rs. 98,000 for an alleged unexplained opening cash balance, citing lack of evidence and errors in calculation. The Tribunal emphasized that without any incriminating material found during the search, no additions could be made under Section 153A. The appeal was allowed, and all additions were deleted. en-us Fri, 27 Sep 2019 00:00:00 +0530 Mon, 27 Jan 2020 05:22:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=285792 The Tribunal ruled in favor of the assessee, holding that additions made by the Assessing Officer (A.O.) under Section 153A without incriminating material were not sustainable. The Tribunal deleted the additions of Rs. 3,839 for a difference in FDR interest and Rs. 98,000 for an alleged unexplained opening cash balance, citing lack of evidence and errors in calculation. The Tribunal emphasized that without any incriminating material found during the search, no additions could be made under Section 153A. The appeal was allowed, and all additions were deleted. Case-Laws Income Tax Fri, 27 Sep 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=285792