https://www.taxtmi.com/caselaws?id=399113 The ITAT upheld the Ld. CIT(A)'s decision to delete the addition of Rs. 3,59,45,000 under section 68 of the Income Tax Act, emphasizing the necessity of incriminating material for assessments under section 153A. The Tribunal dismissed the Revenue's appeal, affirming the requirement for incriminating evidence as established by Delhi HC precedents, ruling in favor of the Assessee. en-us Wed, 30 Sep 2020 00:00:00 +0530 Tue, 05 Nov 2024 12:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=399113 The ITAT upheld the Ld. CIT(A)'s decision to delete the addition of Rs. 3,59,45,000 under section 68 of the Income Tax Act, emphasizing the necessity of incriminating material for assessments under section 153A. The Tribunal dismissed the Revenue's appeal, affirming the requirement for incriminating evidence as established by Delhi HC precedents, ruling in favor of the Assessee. Case-Laws Income Tax Wed, 30 Sep 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=399113