https://www.taxtmi.com/caselaws?id=754916 ITAT Jabalpur upheld CIT(A)'s order allowing assessee's appeal across multiple assessment years under section 153A. The tribunal dismissed revenue's appeals on all grounds including section 80IA deduction denial, alleged illegal payments, share capital additions, unrecorded cash transactions, sub-contract payments, and sale of construction materials. Key findings: section 80IA deduction previously allowed in regular assessments cannot be disturbed without incriminating material found during search; retracted statements and lack of corroborative evidence invalidated additions based on seized documents; rough notings in loose papers without supporting evidence constitute "dumb documents" insufficient for additions; completed assessments require incriminating material for additions under section 153A per Supreme Court precedent. en-us Fri, 28 Jun 2024 00:00:00 +0530 Tue, 02 Jul 2024 12:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=754916 ITAT Jabalpur upheld CIT(A)'s order allowing assessee's appeal across multiple assessment years under section 153A. The tribunal dismissed revenue's appeals on all grounds including section 80IA deduction denial, alleged illegal payments, share capital additions, unrecorded cash transactions, sub-contract payments, and sale of construction materials. Key findings: section 80IA deduction previously allowed in regular assessments cannot be disturbed without incriminating material found during search; retracted statements and lack of corroborative evidence invalidated additions based on seized documents; rough notings in loose papers without supporting evidence constitute "dumb documents" insufficient for additions; completed assessments require incriminating material for additions under section 153A per Supreme Court precedent. Case-Laws Income Tax Fri, 28 Jun 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=754916