https://www.taxtmi.com/caselaws?id=292720 The High Court of Bombay dismissed the appeal filed by the revenue under Section 260A of the Income Tax Act, 1961 against the order of the Income Tax Appellate Tribunal for the assessment year 2004-05. The Court held that additions made in the assessment under Section 153A r/w Section 143(3) without incriminating material found during the search were beyond the scope of Section 153A. Relying on previous decisions, the Court emphasized that Section 153A limits assessments post-search to incriminating evidence discovered during the search, precluding a second assessment round for either the Revenue or the assessee. en-us Tue, 21 Jan 2020 00:00:00 +0530 Tue, 05 Jan 2021 20:42:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=292720 The High Court of Bombay dismissed the appeal filed by the revenue under Section 260A of the Income Tax Act, 1961 against the order of the Income Tax Appellate Tribunal for the assessment year 2004-05. The Court held that additions made in the assessment under Section 153A r/w Section 143(3) without incriminating material found during the search were beyond the scope of Section 153A. Relying on previous decisions, the Court emphasized that Section 153A limits assessments post-search to incriminating evidence discovered during the search, precluding a second assessment round for either the Revenue or the assessee. Case-Laws Income Tax Tue, 21 Jan 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=292720