https://www.taxtmi.com/caselaws?id=436157 The Tribunal ruled in favor of the Revenue, emphasizing the importance of establishing a clear connection between seized documents and the additions made during assessment under section 153C of the Income Tax Act. The Commissioner of Income Tax (Appeals) was found to have erred in quashing the assessment, as the incriminating material seized was deemed relevant to the assessment year under consideration. Consequently, the Revenue's appeal was allowed for statistical purposes, overturning the decision of the Commissioner of Income Tax (Appeals). en-us Tue, 07 Mar 2023 00:00:00 +0530 Wed, 05 Apr 2023 17:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=436157 The Tribunal ruled in favor of the Revenue, emphasizing the importance of establishing a clear connection between seized documents and the additions made during assessment under section 153C of the Income Tax Act. The Commissioner of Income Tax (Appeals) was found to have erred in quashing the assessment, as the incriminating material seized was deemed relevant to the assessment year under consideration. Consequently, the Revenue's appeal was allowed for statistical purposes, overturning the decision of the Commissioner of Income Tax (Appeals). Case-Laws Income Tax Tue, 07 Mar 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=436157