https://www.taxtmi.com/caselaws?id=399122 The High Court upheld the Tribunal's decision in favor of the assessee regarding the validity of assessment under Section 153A of the Income Tax Act, 1961. The Court emphasized that without incriminating material found during the search, the assessment under Section 153A cannot be made for a year where the assessment has concluded and was not abated. The Court dismissed the Revenue's appeal, affirming the Tribunal's order and setting aside the additions made by the Assessing Officer. en-us Fri, 18 Sep 2020 00:00:00 +0530 Sat, 03 Oct 2020 15:59:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=399122 The High Court upheld the Tribunal's decision in favor of the assessee regarding the validity of assessment under Section 153A of the Income Tax Act, 1961. The Court emphasized that without incriminating material found during the search, the assessment under Section 153A cannot be made for a year where the assessment has concluded and was not abated. The Court dismissed the Revenue's appeal, affirming the Tribunal's order and setting aside the additions made by the Assessing Officer. Case-Laws Income Tax Fri, 18 Sep 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=399122