https://www.taxtmi.com/caselaws?id=414197 The case involved issues regarding the validity of proceedings under Section 153C of the Income Tax Act, jurisdiction of the Assessing Officer in making additions without incriminating materials, validity of assessment orders for various assessment years, and the estimation of rental income. The Tribunal quashed assessments for AYs 2009-10 to 2012-13 and 2015-16 as they were beyond jurisdiction. Adjustments of taxes paid were allowed for AY 2013-14. Partial additions were sustained for AY 2014-15 with tax adjustments. The Tribunal emphasized assessments under Section 153C must be based on incriminating materials. en-us Tue, 26 Oct 2021 00:00:00 +0530 Sat, 30 Oct 2021 15:48:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=414197 The case involved issues regarding the validity of proceedings under Section 153C of the Income Tax Act, jurisdiction of the Assessing Officer in making additions without incriminating materials, validity of assessment orders for various assessment years, and the estimation of rental income. The Tribunal quashed assessments for AYs 2009-10 to 2012-13 and 2015-16 as they were beyond jurisdiction. Adjustments of taxes paid were allowed for AY 2013-14. Partial additions were sustained for AY 2014-15 with tax adjustments. The Tribunal emphasized assessments under Section 153C must be based on incriminating materials. Case-Laws Income Tax Tue, 26 Oct 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=414197