https://www.taxtmi.com/caselaws?id=304582 The Tribunal allowed the appeal, emphasizing that additions under Section 153A must be based on incriminating material found during the search. It concluded that the AO could not make additions for an unabated assessment year without such material. The Tribunal deleted the additions made under Sections 68 and 153A as they lacked support from seized material, highlighting the importance of adhering to legal requirements when making additions for completed assessments. en-us Tue, 26 Jul 2022 00:00:00 +0530 Thu, 06 Oct 2022 23:18:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=304582 The Tribunal allowed the appeal, emphasizing that additions under Section 153A must be based on incriminating material found during the search. It concluded that the AO could not make additions for an unabated assessment year without such material. The Tribunal deleted the additions made under Sections 68 and 153A as they lacked support from seized material, highlighting the importance of adhering to legal requirements when making additions for completed assessments. Case-Laws Income Tax Tue, 26 Jul 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=304582