https://www.taxtmi.com/caselaws?id=310284 The Appellate Tribunal dismissed the appeal filed by the assessee, affirming that under section 153A of the Income Tax Act, fresh or additional claims cannot be made during unabated assessment years unless incriminating material is found during a search. The Tribunal upheld the Commissioner of Income Tax (Appeals)' decision, maintaining that the original assessment under section 143(3) remains unchanged in the absence of new incriminating evidence. The Tribunal emphasized that section 153A's scope is limited to such evidence, aligning with precedents like the All Cargo Logistics Ltd. decision. en-us Mon, 21 Nov 2022 00:00:00 +0530 Mon, 16 Oct 2023 18:55:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=310284 The Appellate Tribunal dismissed the appeal filed by the assessee, affirming that under section 153A of the Income Tax Act, fresh or additional claims cannot be made during unabated assessment years unless incriminating material is found during a search. The Tribunal upheld the Commissioner of Income Tax (Appeals)' decision, maintaining that the original assessment under section 143(3) remains unchanged in the absence of new incriminating evidence. The Tribunal emphasized that section 153A's scope is limited to such evidence, aligning with precedents like the All Cargo Logistics Ltd. decision. Case-Laws Income Tax Mon, 21 Nov 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=310284