https://www.taxtmi.com/caselaws?id=430314 The court dismissed the appeals, affirming that additions or disallowances under Section 153A of the Income Tax Act, 1961, cannot be made in the absence of incriminating material found during a search. The court referenced the legal precedent set in CIT v. Kabul Chawla, which restricts interference with completed assessments unless incriminating evidence is discovered. It was noted that no such material or statements under Section 132(4) were presented by the Revenue. The court determined that prior judgments, including those from the SC and Punjab & Haryana HC, did not constitute incriminating material for the search in question. en-us Mon, 14 Nov 2022 00:00:00 +0530 Wed, 25 Oct 2023 10:14:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=430314 The court dismissed the appeals, affirming that additions or disallowances under Section 153A of the Income Tax Act, 1961, cannot be made in the absence of incriminating material found during a search. The court referenced the legal precedent set in CIT v. Kabul Chawla, which restricts interference with completed assessments unless incriminating evidence is discovered. It was noted that no such material or statements under Section 132(4) were presented by the Revenue. The court determined that prior judgments, including those from the SC and Punjab & Haryana HC, did not constitute incriminating material for the search in question. Case-Laws Income Tax Mon, 14 Nov 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=430314