https://www.taxtmi.com/caselaws?id=439445 The Tribunal dismissed the appeals by the assessee challenging the impugned orders related to the validity of proceedings initiated under section 153C of the Income Tax Act for the assessment years 2011-12 to 2015-16. The Tribunal found that the initiation of proceedings did not impact the computation of the total income, as no additions were made by the Assessing Officer. The Tribunal held that the findings on the validity of the proceedings were academic and directed that they would not have precedential value for pending appeals. The assessee was given the liberty to approach the Tribunal in the future if the issue had a bearing on subsequent years. The Tribunal concluded by dismissing all the appeals by the assessee. en-us Thu, 11 May 2023 00:00:00 +0530 Sat, 24 Jun 2023 08:47:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=439445 The Tribunal dismissed the appeals by the assessee challenging the impugned orders related to the validity of proceedings initiated under section 153C of the Income Tax Act for the assessment years 2011-12 to 2015-16. The Tribunal found that the initiation of proceedings did not impact the computation of the total income, as no additions were made by the Assessing Officer. The Tribunal held that the findings on the validity of the proceedings were academic and directed that they would not have precedential value for pending appeals. The assessee was given the liberty to approach the Tribunal in the future if the issue had a bearing on subsequent years. The Tribunal concluded by dismissing all the appeals by the assessee. Case-Laws Income Tax Thu, 11 May 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=439445