https://www.taxtmi.com/caselaws?id=302607 The Tribunal upheld the admission of additional evidence under Rule 46A, leading to the deletion of various additions made by the Assessing Officer. The additions on account of cash credit, commission, and unsecured loans were deleted as no incriminating material was found to support them. The Tribunal quashed the assessment proceedings under section 153A, emphasizing that additions must be based on seized material. The Cross Objection by the assessee was allowed, and the Revenue's appeal was dismissed. en-us Fri, 04 May 2018 00:00:00 +0530 Wed, 08 Jun 2022 14:14:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=302607 The Tribunal upheld the admission of additional evidence under Rule 46A, leading to the deletion of various additions made by the Assessing Officer. The additions on account of cash credit, commission, and unsecured loans were deleted as no incriminating material was found to support them. The Tribunal quashed the assessment proceedings under section 153A, emphasizing that additions must be based on seized material. The Cross Objection by the assessee was allowed, and the Revenue's appeal was dismissed. Case-Laws Income Tax Fri, 04 May 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=302607