https://www.taxtmi.com/caselaws?id=396376 The tribunal dismissed the Revenue's appeal and upheld the CIT(A)'s decision that assessments under Section 153A of the Income Tax Act must be based on incriminating material found during the search. Since no such material was discovered in the appellant's case, the additions made by the Assessing Officer were deemed unsustainable and were deleted. The tribunal cited relevant case law, including Kabul Chawla and Meeta Gutgutia, to support its decision. Consequently, both the Revenue's appeal and the assessee's cross objections were dismissed. en-us Tue, 30 Jun 2020 00:00:00 +0530 Thu, 02 Jul 2020 08:47:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=396376 The tribunal dismissed the Revenue's appeal and upheld the CIT(A)'s decision that assessments under Section 153A of the Income Tax Act must be based on incriminating material found during the search. Since no such material was discovered in the appellant's case, the additions made by the Assessing Officer were deemed unsustainable and were deleted. The tribunal cited relevant case law, including Kabul Chawla and Meeta Gutgutia, to support its decision. Consequently, both the Revenue's appeal and the assessee's cross objections were dismissed. Case-Laws Income Tax Tue, 30 Jun 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=396376