https://www.taxtmi.com/caselaws?id=416428 The Tribunal directed the Assessing Officer to delete the disallowance of interest expenditure and assessment of income from other sources as unexplained cash credit for all assessment years. It held that completed assessments cannot be disturbed in the absence of incriminating material found during the search, citing legal precedents. The Tribunal also allowed the appeals filed by the assessee challenging the validity of the assessment order under section 153A, stating that additions made without incriminating material could not be sustained. en-us Mon, 15 Nov 2021 00:00:00 +0530 Wed, 29 Dec 2021 08:44:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=416428 The Tribunal directed the Assessing Officer to delete the disallowance of interest expenditure and assessment of income from other sources as unexplained cash credit for all assessment years. It held that completed assessments cannot be disturbed in the absence of incriminating material found during the search, citing legal precedents. The Tribunal also allowed the appeals filed by the assessee challenging the validity of the assessment order under section 153A, stating that additions made without incriminating material could not be sustained. Case-Laws Income Tax Mon, 15 Nov 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=416428