https://www.taxtmi.com/caselaws?id=415139 The Tribunal upheld the legality of the search initiated under section 132(1) of the Income Tax Act and the validity of assessments under section 153A. It dismissed the assessee's appeals, confirming the search warrant's execution against the assessee company and the deletion of additions under section 69C. The Tribunal found the explanations provided satisfactory and lacked concrete evidence of unexplained expenditures, in line with the CIT(A)'s decisions. en-us Wed, 06 Oct 2021 00:00:00 +0530 Sat, 27 Nov 2021 17:10:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=415139 The Tribunal upheld the legality of the search initiated under section 132(1) of the Income Tax Act and the validity of assessments under section 153A. It dismissed the assessee's appeals, confirming the search warrant's execution against the assessee company and the deletion of additions under section 69C. The Tribunal found the explanations provided satisfactory and lacked concrete evidence of unexplained expenditures, in line with the CIT(A)'s decisions. Case-Laws Income Tax Wed, 06 Oct 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=415139