https://www.taxtmi.com/caselaws?id=448351 ITAT Delhi held that Revenue cannot interfere with concluded assessments under section 153A without incriminating material from search operations. The tribunal found additions/disallowances were made solely based on witness statements from different search proceedings, without reference to specific incriminating documents. Following SC precedent in Abhisar Buildwell and HC decision in Anand Kumar Jain, the tribunal ruled that such statements lack reliability without cross-examination opportunity. All additions/disallowances in unabated assessments were quashed in favor of assessee due to absence of incriminating material. en-us Mon, 15 Jan 2024 00:00:00 +0530 Wed, 17 Jan 2024 08:44:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=448351 ITAT Delhi held that Revenue cannot interfere with concluded assessments under section 153A without incriminating material from search operations. The tribunal found additions/disallowances were made solely based on witness statements from different search proceedings, without reference to specific incriminating documents. Following SC precedent in Abhisar Buildwell and HC decision in Anand Kumar Jain, the tribunal ruled that such statements lack reliability without cross-examination opportunity. All additions/disallowances in unabated assessments were quashed in favor of assessee due to absence of incriminating material. Case-Laws Income Tax Mon, 15 Jan 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=448351