https://www.taxtmi.com/caselaws?id=441105 The Tribunal dismissed the Revenue's appeals contesting assessments for Assessment Years 2011-12 and 2013-14 under the Income Tax Act. The appeals were found not maintainable as the additions were not based on incriminating material found during search, following the precedent set in a previous case. The Tribunal ruled that the Assessing Officer cannot make additions without such material. The assessee's Cross Objections were also dismissed due to filing delays. Ultimately, both the Revenue's appeals and the assessee's Cross Objections were rejected by the Tribunal. en-us Mon, 31 Jul 2023 00:00:00 +0530 Tue, 01 Aug 2023 13:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=441105 The Tribunal dismissed the Revenue's appeals contesting assessments for Assessment Years 2011-12 and 2013-14 under the Income Tax Act. The appeals were found not maintainable as the additions were not based on incriminating material found during search, following the precedent set in a previous case. The Tribunal ruled that the Assessing Officer cannot make additions without such material. The assessee's Cross Objections were also dismissed due to filing delays. Ultimately, both the Revenue's appeals and the assessee's Cross Objections were rejected by the Tribunal. Case-Laws Income Tax Mon, 31 Jul 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=441105