https://www.taxtmi.com/caselaws?id=295511 The Tribunal upheld the CIT(A)'s decision to delete the addition made by the Assessing Officer based on the DVO's estimation. It was deemed that the reference to the DVO was unjustified as no incriminating material was found during the search, rendering the assessment proceedings under section 153A invalid. The Tribunal affirmed that the addition made by the Assessing Officer was improper, leading to the dismissal of the revenue's appeal. en-us Wed, 21 Sep 2016 00:00:00 +0530 Tue, 08 Jun 2021 09:09:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=295511 The Tribunal upheld the CIT(A)'s decision to delete the addition made by the Assessing Officer based on the DVO's estimation. It was deemed that the reference to the DVO was unjustified as no incriminating material was found during the search, rendering the assessment proceedings under section 153A invalid. The Tribunal affirmed that the addition made by the Assessing Officer was improper, leading to the dismissal of the revenue's appeal. Case-Laws Income Tax Wed, 21 Sep 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=295511