https://www.taxtmi.com/caselaws?id=766651 ITAT Delhi held that assessment under section 153A was invalid where no incriminating material was found during search operations under section 132. Following SC precedent in Abhisar Buildwell case, the tribunal ruled that without incriminating material discovered during search, the assessing officer lacks jurisdiction to proceed with assessment under section 153A. The assessment proceedings were quashed and set aside, with decision favoring the assessee. en-us Thu, 27 Feb 2025 00:00:00 +0530 Sat, 01 Mar 2025 08:25:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=766651 ITAT Delhi held that assessment under section 153A was invalid where no incriminating material was found during search operations under section 132. Following SC precedent in Abhisar Buildwell case, the tribunal ruled that without incriminating material discovered during search, the assessing officer lacks jurisdiction to proceed with assessment under section 153A. The assessment proceedings were quashed and set aside, with decision favoring the assessee. Case-Laws Income Tax Thu, 27 Feb 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=766651