https://www.taxtmi.com/caselaws?id=767430 The Gauhati HC upheld the CIT(A) and ITAT's decision to delete an assessment under section 153A. The court found that the Assessing Officer relied solely on a retracted statement without any other incriminating material to justify the addition. Both appellate authorities determined that a retracted statement alone cannot constitute incriminating material sufficient to invoke section 153A proceedings. The HC declined to interfere with this factual finding, noting its jurisdiction is limited to substantial questions of law, and no such legal question arose in this case. en-us Thu, 13 Mar 2025 00:00:00 +0530 Mon, 02 Mar 2026 17:36:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=767430 The Gauhati HC upheld the CIT(A) and ITAT's decision to delete an assessment under section 153A. The court found that the Assessing Officer relied solely on a retracted statement without any other incriminating material to justify the addition. Both appellate authorities determined that a retracted statement alone cannot constitute incriminating material sufficient to invoke section 153A proceedings. The HC declined to interfere with this factual finding, noting its jurisdiction is limited to substantial questions of law, and no such legal question arose in this case. Case-Laws Income Tax Thu, 13 Mar 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=767430