https://www.taxtmi.com/caselaws?id=410340 The Tribunal quashed assessments for certain years under section 153A due to lack of incriminating material. Appeals related to assessments without incriminating material were accepted. PCIT's revision directions for already quashed assessments were rejected. Interest income was remanded for proper treatment under section 80IA. PCIT's MAT computation revision was upheld due to lack of evidence. The Tribunal allowed some appeals, partly accepted others, and dismissed one based on the legal analysis of the issues. en-us Thu, 22 Jul 2021 00:00:00 +0530 Fri, 30 Jul 2021 09:09:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=410340 The Tribunal quashed assessments for certain years under section 153A due to lack of incriminating material. Appeals related to assessments without incriminating material were accepted. PCIT's revision directions for already quashed assessments were rejected. Interest income was remanded for proper treatment under section 80IA. PCIT's MAT computation revision was upheld due to lack of evidence. The Tribunal allowed some appeals, partly accepted others, and dismissed one based on the legal analysis of the issues. Case-Laws Income Tax Thu, 22 Jul 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=410340