https://www.taxtmi.com/caselaws?id=407216 The Tribunal allowed the application under Rule 27, holding all assessment orders as bad in law due to the absence of incriminating material. Consequently, the Tribunal dismissed Revenue's appeals, as additions were not based on evidence found during the search. The Tribunal emphasized that completed assessments can only be reiterated in the absence of incriminating material, as per Delhi HC precedents. The absence of incriminating material during the search led to the conclusion that the assessments were invalid. en-us Tue, 25 Aug 2020 00:00:00 +0530 Tue, 04 May 2021 08:51:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=407216 The Tribunal allowed the application under Rule 27, holding all assessment orders as bad in law due to the absence of incriminating material. Consequently, the Tribunal dismissed Revenue's appeals, as additions were not based on evidence found during the search. The Tribunal emphasized that completed assessments can only be reiterated in the absence of incriminating material, as per Delhi HC precedents. The absence of incriminating material during the search led to the conclusion that the assessments were invalid. Case-Laws Income Tax Tue, 25 Aug 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=407216