https://www.taxtmi.com/caselaws?id=303104 The tribunal quashed the assessment order under section 153A of the Income Tax Act as it lacked incriminating material found during search and seizure proceedings, following the Delhi High Court's ruling in Kabul Chawla. The tribunal held the assessment order to be bad in law and allowed the assessee's appeal, not addressing the merits of the additions made during the assessment. The decision emphasized the requirement of incriminating material for assessments under section 153A, supporting the assessee's challenge to the validity of the assessment order. en-us Wed, 04 Dec 2019 00:00:00 +0530 Tue, 05 Jul 2022 08:12:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=303104 The tribunal quashed the assessment order under section 153A of the Income Tax Act as it lacked incriminating material found during search and seizure proceedings, following the Delhi High Court's ruling in Kabul Chawla. The tribunal held the assessment order to be bad in law and allowed the assessee's appeal, not addressing the merits of the additions made during the assessment. The decision emphasized the requirement of incriminating material for assessments under section 153A, supporting the assessee's challenge to the validity of the assessment order. Case-Laws Income Tax Wed, 04 Dec 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=303104