https://www.taxtmi.com/caselaws?id=410478 The Tribunal upheld the CIT(A)'s decision to quash the assessment for A.Y. 2008-09 as it was barred by limitation. Consequently, all additions made by the AO under sections 68 and for unexplained expenditure on account of brokerage were annulled. The Tribunal also supported the interpretation that "total income" in the context of section 153C/153A refers to undisclosed income discovered during the search. The department's grounds of appeal were dismissed, and the order of the CIT(A) was upheld. en-us Fri, 09 Jul 2021 00:00:00 +0530 Mon, 02 Aug 2021 12:14:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=410478 The Tribunal upheld the CIT(A)'s decision to quash the assessment for A.Y. 2008-09 as it was barred by limitation. Consequently, all additions made by the AO under sections 68 and for unexplained expenditure on account of brokerage were annulled. The Tribunal also supported the interpretation that "total income" in the context of section 153C/153A refers to undisclosed income discovered during the search. The department's grounds of appeal were dismissed, and the order of the CIT(A) was upheld. Case-Laws Income Tax Fri, 09 Jul 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=410478