https://www.taxtmi.com/caselaws?id=302227 The ITAT ruled in favor of the assessee, directing the AO to delete the additions made on interest income and prior period expenses due to the lack of incriminating material post search. The judgment emphasized the necessity of seized material for assessments in unabated years, aligning with legal principles and interpretations of Section 153A. en-us Fri, 07 Jan 2022 00:00:00 +0530 Wed, 11 May 2022 08:32:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=302227 The ITAT ruled in favor of the assessee, directing the AO to delete the additions made on interest income and prior period expenses due to the lack of incriminating material post search. The judgment emphasized the necessity of seized material for assessments in unabated years, aligning with legal principles and interpretations of Section 153A. Case-Laws Income Tax Fri, 07 Jan 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=302227