https://www.taxtmi.com/caselaws?id=406039 The Tribunal dismissed the appeals for the assessment years 2009-10 and 2010-11 due to the absence of incriminating material found during the search. This led to the quashing of the assessment orders under section 153A, resulting in the related issues of enhancement and penalty proceedings being deemed academic and infructuous. The decisions of the CIT(A) and Tribunal were in favor of the assessee, emphasizing that additions cannot be made under section 153A without incriminating material. en-us Thu, 11 Mar 2021 00:00:00 +0530 Mon, 05 Apr 2021 09:20:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=406039 The Tribunal dismissed the appeals for the assessment years 2009-10 and 2010-11 due to the absence of incriminating material found during the search. This led to the quashing of the assessment orders under section 153A, resulting in the related issues of enhancement and penalty proceedings being deemed academic and infructuous. The decisions of the CIT(A) and Tribunal were in favor of the assessee, emphasizing that additions cannot be made under section 153A without incriminating material. Case-Laws Income Tax Thu, 11 Mar 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=406039