https://www.taxtmi.com/caselaws?id=401594 The Tribunal upheld the CIT(A)'s decision to delete the addition made by the AO under section 2(22)(e) of the Income Tax Act due to the absence of incriminating material found during the search. It was held that additions under section 153A can only be made based on such material, in line with established judicial precedents. The revenue's appeal was dismissed, affirming the quashing of the addition. en-us Thu, 03 Dec 2020 00:00:00 +0530 Fri, 11 Dec 2020 15:29:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=401594 The Tribunal upheld the CIT(A)'s decision to delete the addition made by the AO under section 2(22)(e) of the Income Tax Act due to the absence of incriminating material found during the search. It was held that additions under section 153A can only be made based on such material, in line with established judicial precedents. The revenue's appeal was dismissed, affirming the quashing of the addition. Case-Laws Income Tax Thu, 03 Dec 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=401594