https://www.taxtmi.com/caselaws?id=436266 The Tribunal allowed all four appeals by the assessee, deleting the additions totaling Rs. 10,86,712/- for various assessment years due to the absence of incriminating material found during the search, as required under section 153A of the Income-tax Act, 1961. The Tribunal relied on the legal position established in the Hon'ble Delhi High Court's judgment in the case of Kabul Chawla, emphasizing that additions without such material should be deleted. The Tribunal's decision was in favor of the assessee, setting aside the lower authorities' orders and deleting the additions in all four appeals. en-us Thu, 06 Apr 2023 00:00:00 +0530 Fri, 07 Apr 2023 15:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=436266 The Tribunal allowed all four appeals by the assessee, deleting the additions totaling Rs. 10,86,712/- for various assessment years due to the absence of incriminating material found during the search, as required under section 153A of the Income-tax Act, 1961. The Tribunal relied on the legal position established in the Hon'ble Delhi High Court's judgment in the case of Kabul Chawla, emphasizing that additions without such material should be deleted. The Tribunal's decision was in favor of the assessee, setting aside the lower authorities' orders and deleting the additions in all four appeals. Case-Laws Income Tax Thu, 06 Apr 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=436266