https://www.taxtmi.com/caselaws?id=413211 The Tribunal upheld the jurisdiction of proceedings under section 153A, rejecting the appellant's challenge. However, it ruled in favor of the appellant regarding the addition of undisclosed income by the Assessing Officer, criticizing the lack of inquiry and evidence. The Tribunal did not address the appellant's arguments against the levy of interest under sections 234A, 234B, and 234C, implying the interest levy was upheld. Ultimately, the Tribunal allowed the appeal against the addition of undisclosed income but did not cancel the interest imposed. en-us Mon, 23 Aug 2021 00:00:00 +0530 Thu, 07 Oct 2021 09:14:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=413211 The Tribunal upheld the jurisdiction of proceedings under section 153A, rejecting the appellant's challenge. However, it ruled in favor of the appellant regarding the addition of undisclosed income by the Assessing Officer, criticizing the lack of inquiry and evidence. The Tribunal did not address the appellant's arguments against the levy of interest under sections 234A, 234B, and 234C, implying the interest levy was upheld. Ultimately, the Tribunal allowed the appeal against the addition of undisclosed income but did not cancel the interest imposed. Case-Laws Income Tax Mon, 23 Aug 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=413211