https://www.taxtmi.com/caselaws?id=399120 The High Court of Gujarat dismissed the Tax Appeal filed by the Revenue against an order of the Income Tax Appellate Tribunal. The main issue was whether assessment under Section 153A of the Income Tax Act could be made for an assessment year without incriminating material found during a search. The Court upheld the Tribunal's decision that in the absence of such material, a concluded assessment cannot be disturbed under Section 153A. As no incriminating material was discovered during the proceedings, the appeal was dismissed. en-us Fri, 18 Sep 2020 00:00:00 +0530 Sat, 03 Oct 2020 15:59:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=399120 The High Court of Gujarat dismissed the Tax Appeal filed by the Revenue against an order of the Income Tax Appellate Tribunal. The main issue was whether assessment under Section 153A of the Income Tax Act could be made for an assessment year without incriminating material found during a search. The Court upheld the Tribunal's decision that in the absence of such material, a concluded assessment cannot be disturbed under Section 153A. As no incriminating material was discovered during the proceedings, the appeal was dismissed. Case-Laws Income Tax Fri, 18 Sep 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=399120