https://www.taxtmi.com/caselaws?id=413231 The ITAT Delhi allowed the appeals for Assessment Years 2006-07 and 2007-08, admitting the additional ground challenging the validity of the assessment under section 143(3) r.w.s 153A. Emphasizing the necessity of incriminating material for additions under section 153A, the Tribunal ruled in favor of the assessee, invalidating the additions made by the AO. Citing the principles from Kabul Chawla, the Tribunal held that assessments under section 153A must be supported by relevant incriminating material. Consequently, the appeals were allowed, granting relief to the assessee based on established legal principles. en-us Wed, 06 Oct 2021 00:00:00 +0530 Thu, 07 Oct 2021 09:16:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=413231 The ITAT Delhi allowed the appeals for Assessment Years 2006-07 and 2007-08, admitting the additional ground challenging the validity of the assessment under section 143(3) r.w.s 153A. Emphasizing the necessity of incriminating material for additions under section 153A, the Tribunal ruled in favor of the assessee, invalidating the additions made by the AO. Citing the principles from Kabul Chawla, the Tribunal held that assessments under section 153A must be supported by relevant incriminating material. Consequently, the appeals were allowed, granting relief to the assessee based on established legal principles. Case-Laws Income Tax Wed, 06 Oct 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=413231