https://www.taxtmi.com/caselaws?id=398888 The Tribunal ruled in favor of the assessee, stating that additions under Section 153A require incriminating material found during the search, which was lacking in this case. It deemed confessional statements made under duress as having no evidentiary value and directed proper treatment of surrendered income and seized documents. The Tribunal disallowed additions based on notional interest and reports not furnished to the assessee. Ultimately, the Tribunal partially allowed the assessee's appeals, confirming some additions while deleting others, and dismissed the revenue's appeals. en-us Mon, 07 Sep 2020 00:00:00 +0530 Sat, 26 Sep 2020 12:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=398888 The Tribunal ruled in favor of the assessee, stating that additions under Section 153A require incriminating material found during the search, which was lacking in this case. It deemed confessional statements made under duress as having no evidentiary value and directed proper treatment of surrendered income and seized documents. The Tribunal disallowed additions based on notional interest and reports not furnished to the assessee. Ultimately, the Tribunal partially allowed the assessee's appeals, confirming some additions while deleting others, and dismissed the revenue's appeals. Case-Laws Income Tax Mon, 07 Sep 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=398888