https://www.taxtmi.com/caselaws?id=410183 The Tribunal allowed the appeals in favor of the assessee, setting aside the assessment orders for the years in question. It was held that without incriminating material found during the search and seizure operation, the assessments under section 153A were invalid. As no pending proceedings existed during the relevant assessment years, the orders were deemed void ab initio. The importance of incriminating material for assessments under section 153A and adherence to procedural requirements were emphasized in the decision. en-us Mon, 26 Jul 2021 00:00:00 +0530 Tue, 27 Jul 2021 08:55:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=410183 The Tribunal allowed the appeals in favor of the assessee, setting aside the assessment orders for the years in question. It was held that without incriminating material found during the search and seizure operation, the assessments under section 153A were invalid. As no pending proceedings existed during the relevant assessment years, the orders were deemed void ab initio. The importance of incriminating material for assessments under section 153A and adherence to procedural requirements were emphasized in the decision. Case-Laws Income Tax Mon, 26 Jul 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=410183