https://www.taxtmi.com/caselaws?id=425185 The Revenue's appeal for A.Y. 2009-10 was dismissed, while the assessee's cross objections for the same year were partly allowed. Similarly, the Revenue's appeal for A.Y. 2007-08 was dismissed, and the assessee's cross objections for that year were allowed. The Tribunal upheld the decisions regarding the deletion of disallowances on various expenses due to lack of details and the validity of search assessments under Sections 143(2) and 153A. The Tribunal also directed the deletion of additions made by the Assessing Officer, emphasizing that once profits were estimated, no further disallowances could be made. en-us Fri, 15 Jul 2022 00:00:00 +0530 Mon, 18 Jul 2022 09:15:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=425185 The Revenue's appeal for A.Y. 2009-10 was dismissed, while the assessee's cross objections for the same year were partly allowed. Similarly, the Revenue's appeal for A.Y. 2007-08 was dismissed, and the assessee's cross objections for that year were allowed. The Tribunal upheld the decisions regarding the deletion of disallowances on various expenses due to lack of details and the validity of search assessments under Sections 143(2) and 153A. The Tribunal also directed the deletion of additions made by the Assessing Officer, emphasizing that once profits were estimated, no further disallowances could be made. Case-Laws Income Tax Fri, 15 Jul 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=425185