https://www.taxtmi.com/caselaws?id=420157 The Tribunal held that the Principal Commissioner of Income Tax erred in cancelling the original assessments and directing fresh assessments without any new incriminating material found during the search. The Tribunal allowed the appeals, emphasizing that no addition can be made in an unabated assessment without new material discovered during a search. The orders of the Principal Commissioner were deemed erroneous and prejudicial to the interest of the Revenue. en-us Fri, 25 Mar 2022 00:00:00 +0530 Mon, 28 Mar 2022 08:24:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=420157 The Tribunal held that the Principal Commissioner of Income Tax erred in cancelling the original assessments and directing fresh assessments without any new incriminating material found during the search. The Tribunal allowed the appeals, emphasizing that no addition can be made in an unabated assessment without new material discovered during a search. The orders of the Principal Commissioner were deemed erroneous and prejudicial to the interest of the Revenue. Case-Laws Income Tax Fri, 25 Mar 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=420157