https://www.taxtmi.com/caselaws?id=304736 In a section 153A search assessment, additions already made in a concluded regular assessment could not be duplicated where the earlier assessment had not abated, so the repeated additions were deleted. The Tribunal also held that notice under section 143(2) was not mandatory in the same manner for an assessment made pursuant to section 153A, and the jurisdictional objection failed. The absence of incriminating material from search did not by itself bar additions, because material from the original assessment record could be considered. On the India Millennium Deposit gift issue, the bond gift and related expenditure addition lacked legal support, and the addition was deleted. en-us Tue, 17 Nov 2015 00:00:00 +0530 Tue, 18 Oct 2022 21:28:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=304736 In a section 153A search assessment, additions already made in a concluded regular assessment could not be duplicated where the earlier assessment had not abated, so the repeated additions were deleted. The Tribunal also held that notice under section 143(2) was not mandatory in the same manner for an assessment made pursuant to section 153A, and the jurisdictional objection failed. The absence of incriminating material from search did not by itself bar additions, because material from the original assessment record could be considered. On the India Millennium Deposit gift issue, the bond gift and related expenditure addition lacked legal support, and the addition was deleted. Case-Laws Income Tax Tue, 17 Nov 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=304736