https://www.taxtmi.com/caselaws?id=411720 The Tribunal allowed the assessee's appeal, ruling that additions made without incriminating material found during the search were beyond the scope of section 153A. The judgment emphasized the necessity of a nexus between additions and seized material in assessments under section 153A, as supported by legal precedents. The Tribunal concluded that assessments not based on seized material are to be treated as unabated, reiterating the principle that assessments under section 153A should not be arbitrary and must have a connection to the seized material. en-us Wed, 14 Jul 2021 00:00:00 +0530 Thu, 02 Sep 2021 08:58:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=411720 The Tribunal allowed the assessee's appeal, ruling that additions made without incriminating material found during the search were beyond the scope of section 153A. The judgment emphasized the necessity of a nexus between additions and seized material in assessments under section 153A, as supported by legal precedents. The Tribunal concluded that assessments not based on seized material are to be treated as unabated, reiterating the principle that assessments under section 153A should not be arbitrary and must have a connection to the seized material. Case-Laws Income Tax Wed, 14 Jul 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=411720