https://www.taxtmi.com/caselaws?id=393392 The tribunal upheld the decision of the Ld. CIT(A) to delete the addition made by the Assessing Officer under section 153A of the Income Tax Act. The tribunal ruled in favor of the assessee, stating that since no incriminating material was found during the search operation, no addition could be made under section 153A. The tribunal emphasized that assessments under section 153A must be based on undisclosed incriminating material, as per the judgments in CIT vs. Kabul Chawla and Meeta Gutgutia. The departmental appeal was dismissed, affirming the deletion of the addition by the Assessing Officer. en-us Tue, 11 Feb 2020 00:00:00 +0530 Sat, 14 Mar 2020 13:19:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=393392 The tribunal upheld the decision of the Ld. CIT(A) to delete the addition made by the Assessing Officer under section 153A of the Income Tax Act. The tribunal ruled in favor of the assessee, stating that since no incriminating material was found during the search operation, no addition could be made under section 153A. The tribunal emphasized that assessments under section 153A must be based on undisclosed incriminating material, as per the judgments in CIT vs. Kabul Chawla and Meeta Gutgutia. The departmental appeal was dismissed, affirming the deletion of the addition by the Assessing Officer. Case-Laws Income Tax Tue, 11 Feb 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=393392