https://www.taxtmi.com/caselaws?id=298719 The Tribunal ruled in favor of the assessee, directing the deletion of various additions and interest charges. It found the initiation of penalty proceedings unjustified due to the absence of incriminating material. The Tribunal emphasized the necessity of incriminating material for making additions in assessments under sections 153A and 153C. en-us Tue, 31 Dec 2013 00:00:00 +0530 Sat, 24 Sep 2022 11:09:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=298719 The Tribunal ruled in favor of the assessee, directing the deletion of various additions and interest charges. It found the initiation of penalty proceedings unjustified due to the absence of incriminating material. The Tribunal emphasized the necessity of incriminating material for making additions in assessments under sections 153A and 153C. Case-Laws Income Tax Tue, 31 Dec 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=298719