https://www.taxtmi.com/caselaws?id=410037 The Tribunal dismissed the Revenue's appeals and allowed the assessee's appeals. It held that the Assessing Officer's failure to complete the assessment under Section 153A for the first search invalidated the use of material from that search for the second search's assessments. As a result, all additions made based on material from the first search, including unexplained cash credits, unexplained expenditure on brokerage, salary paid in cash, investment in purchase and scrap, unexplained expenditure in land purchase, and shifting of profit, were deleted. en-us Fri, 18 Jun 2021 00:00:00 +0530 Fri, 23 Jul 2021 08:57:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=410037 The Tribunal dismissed the Revenue's appeals and allowed the assessee's appeals. It held that the Assessing Officer's failure to complete the assessment under Section 153A for the first search invalidated the use of material from that search for the second search's assessments. As a result, all additions made based on material from the first search, including unexplained cash credits, unexplained expenditure on brokerage, salary paid in cash, investment in purchase and scrap, unexplained expenditure in land purchase, and shifting of profit, were deleted. Case-Laws Income Tax Fri, 18 Jun 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=410037