https://www.taxtmi.com/caselaws?id=399158 The Karnataka High Court remitted the case back to the Tribunal due to an incorrect application of the incriminating material requirement under section 153A of the Income Tax Act. The Court emphasized the necessity of incriminating material for initiating proceedings under this section and highlighted the importance of considering all relevant case laws. The Tribunal revisited the case, focusing on the presence of incriminating material during the search. The case was remanded to the Commissioner of Income Tax (Appeals) for a detailed reassessment based on factual observations and legal requirements, emphasizing the need for a thorough examination before invoking section 153A. en-us Wed, 09 Sep 2020 00:00:00 +0530 Mon, 05 Oct 2020 08:27:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=399158 The Karnataka High Court remitted the case back to the Tribunal due to an incorrect application of the incriminating material requirement under section 153A of the Income Tax Act. The Court emphasized the necessity of incriminating material for initiating proceedings under this section and highlighted the importance of considering all relevant case laws. The Tribunal revisited the case, focusing on the presence of incriminating material during the search. The case was remanded to the Commissioner of Income Tax (Appeals) for a detailed reassessment based on factual observations and legal requirements, emphasizing the need for a thorough examination before invoking section 153A. Case-Laws Income Tax Wed, 09 Sep 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=399158