https://www.taxtmi.com/caselaws?id=433604 The Tribunal quashed the assessment order and directed the deletion of all additions, including share capital, unsecured loan, unexplained expenditure, and disallowed preliminary expenses. The additions were deemed unjustified as no incriminating material was found during the search, in line with the principles established in the case of Kabul Chawla. The appeal of the assessee was allowed. en-us Wed, 01 Feb 2023 00:00:00 +0530 Fri, 03 Feb 2023 09:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=433604 The Tribunal quashed the assessment order and directed the deletion of all additions, including share capital, unsecured loan, unexplained expenditure, and disallowed preliminary expenses. The additions were deemed unjustified as no incriminating material was found during the search, in line with the principles established in the case of Kabul Chawla. The appeal of the assessee was allowed. Case-Laws Income Tax Wed, 01 Feb 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=433604