https://www.taxtmi.com/caselaws?id=414048 The Tribunal upheld the CIT(A)'s decision that assessments under Section 153A can only be reopened based on incriminating material found during a search. It affirmed that additions must be supported by such material, citing relevant case law. The Tribunal dismissed the Revenue's arguments regarding the interpretation of 'incriminating' material and upheld the CIT(A)'s findings. Ultimately, the Tribunal dismissed the appeals by the Revenue and affirmed the CIT(A)'s orders, finding no errors in the decisions made. en-us Wed, 20 Oct 2021 00:00:00 +0530 Wed, 27 Oct 2021 09:20:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=414048 The Tribunal upheld the CIT(A)'s decision that assessments under Section 153A can only be reopened based on incriminating material found during a search. It affirmed that additions must be supported by such material, citing relevant case law. The Tribunal dismissed the Revenue's arguments regarding the interpretation of 'incriminating' material and upheld the CIT(A)'s findings. Ultimately, the Tribunal dismissed the appeals by the Revenue and affirmed the CIT(A)'s orders, finding no errors in the decisions made. Case-Laws Income Tax Wed, 20 Oct 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=414048