https://www.taxtmi.com/caselaws?id=434969 The Tribunal dismissed the Revenue's appeals and upheld the CIT(A)'s decision to delete the additions made by the AO. It determined that the amended provisions of section 153C could not be applied retrospectively to searches conducted before June 1, 2015. Additionally, materials found during a survey under section 133A could not be used for assessments under section 153C. The Tribunal found legal and procedural errors in the initiation of proceedings under section 153C, rendering the subsequent assessments and additions invalid. The judgment was pronounced on February 28, 2023. en-us Tue, 28 Feb 2023 00:00:00 +0530 Fri, 20 Sep 2024 14:09:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=434969 The Tribunal dismissed the Revenue's appeals and upheld the CIT(A)'s decision to delete the additions made by the AO. It determined that the amended provisions of section 153C could not be applied retrospectively to searches conducted before June 1, 2015. Additionally, materials found during a survey under section 133A could not be used for assessments under section 153C. The Tribunal found legal and procedural errors in the initiation of proceedings under section 153C, rendering the subsequent assessments and additions invalid. The judgment was pronounced on February 28, 2023. Case-Laws Income Tax Tue, 28 Feb 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=434969