https://www.taxtmi.com/caselaws?id=394915 The Tribunal ruled in favor of the assessee on all issues. It held that no additions could be made under Section 153A of the Income Tax Act without incriminating material found during the search. The delay in filing the appeal was condoned due to valid reasons. The admission of additional evidence under Rule 46A was deemed appropriate. The addition under Section 68 was not discussed due to the jurisdictional issue favoring the assessee. Disallowance of administrative and general expenses was overturned. All Departmental Appeals were dismissed, and the assessee's appeals were allowed. en-us Mon, 27 Apr 2020 00:00:00 +0530 Mon, 31 Aug 2020 17:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=394915 The Tribunal ruled in favor of the assessee on all issues. It held that no additions could be made under Section 153A of the Income Tax Act without incriminating material found during the search. The delay in filing the appeal was condoned due to valid reasons. The admission of additional evidence under Rule 46A was deemed appropriate. The addition under Section 68 was not discussed due to the jurisdictional issue favoring the assessee. Disallowance of administrative and general expenses was overturned. All Departmental Appeals were dismissed, and the assessee's appeals were allowed. Case-Laws Income Tax Mon, 27 Apr 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=394915