https://www.taxtmi.com/caselaws?id=458153 Additions under section 153C of the Income-tax Act cannot be sustained where no incriminating material is found during a search under section 132 for the relevant assessment years, and the Assessing Officer relies on no seized material or other material justifying the additions. The Tribunal accepted the factual position that no such material existed, and the settled law applied in Kabul Chawla, as affirmed in Abhisar Buildwell, supports the view that section 153C additions must be linked to incriminating search material. On that basis, the additions were held to be beyond the scope of section 153C and were not sustained. en-us Wed, 04 Oct 2023 00:00:00 +0530 Thu, 10 Oct 2024 20:50:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=458153 Additions under section 153C of the Income-tax Act cannot be sustained where no incriminating material is found during a search under section 132 for the relevant assessment years, and the Assessing Officer relies on no seized material or other material justifying the additions. The Tribunal accepted the factual position that no such material existed, and the settled law applied in Kabul Chawla, as affirmed in Abhisar Buildwell, supports the view that section 153C additions must be linked to incriminating search material. On that basis, the additions were held to be beyond the scope of section 153C and were not sustained. Case-Laws Income Tax Wed, 04 Oct 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=458153