https://www.taxtmi.com/caselaws?id=401551 The Tribunal upheld the quashing of the reassessment order under Section 153A due to the absence of incriminating material found during the search at the assessee's premises. The Tribunal emphasized that additions or deletions must be supported by material discovered during the search, and reliance on third-party documents is insufficient for reassessment. The Tribunal dismissed both the Revenue's appeal and the assessee's cross-objection, affirming that reassessment under Section 153A requires incriminating material directly related to the search. en-us Tue, 08 Dec 2020 00:00:00 +0530 Sat, 30 Jan 2021 12:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=401551 The Tribunal upheld the quashing of the reassessment order under Section 153A due to the absence of incriminating material found during the search at the assessee's premises. The Tribunal emphasized that additions or deletions must be supported by material discovered during the search, and reliance on third-party documents is insufficient for reassessment. The Tribunal dismissed both the Revenue's appeal and the assessee's cross-objection, affirming that reassessment under Section 153A requires incriminating material directly related to the search. Case-Laws Income Tax Tue, 08 Dec 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=401551