https://www.taxtmi.com/caselaws?id=423037 The Tribunal held that the issuance of notice under Section 143(2) is not mandatory for assessments under Section 153A, following precedents from various High Courts. It determined that the scope of assessment under Section 153A is not limited to incriminating material found during the search, aligning with the jurisdictional High Court's decisions. The Tribunal concluded that the CIT(A) should have referred the matter back to the Assessing Officer for fresh consideration instead of deleting the addition. The Revenue's appeal was partly allowed, and the Cross Objection by the assessee was dismissed. en-us Wed, 04 May 2022 00:00:00 +0530 Sat, 28 May 2022 09:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=423037 The Tribunal held that the issuance of notice under Section 143(2) is not mandatory for assessments under Section 153A, following precedents from various High Courts. It determined that the scope of assessment under Section 153A is not limited to incriminating material found during the search, aligning with the jurisdictional High Court's decisions. The Tribunal concluded that the CIT(A) should have referred the matter back to the Assessing Officer for fresh consideration instead of deleting the addition. The Revenue's appeal was partly allowed, and the Cross Objection by the assessee was dismissed. Case-Laws Income Tax Wed, 04 May 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=423037