https://www.taxtmi.com/caselaws?id=304427 The appeal of the assessee was allowed, emphasizing the need for proper computation of income and taxes in reassessment under section 153A of the Income-tax Act, 1961. The Tribunal directed the Assessing Officer to amend the assessment order as no undisclosed income was found during the search, and repeating the same income figures in reassessment was deemed improper. This case underscores the significance of adhering to due process in reassessment proceedings and conducting search assessments in compliance with the Act. en-us Fri, 19 Apr 2013 00:00:00 +0530 Mon, 26 Sep 2022 11:46:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=304427 The appeal of the assessee was allowed, emphasizing the need for proper computation of income and taxes in reassessment under section 153A of the Income-tax Act, 1961. The Tribunal directed the Assessing Officer to amend the assessment order as no undisclosed income was found during the search, and repeating the same income figures in reassessment was deemed improper. This case underscores the significance of adhering to due process in reassessment proceedings and conducting search assessments in compliance with the Act. Case-Laws Income Tax Fri, 19 Apr 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=304427