https://www.taxtmi.com/caselaws?id=770162 ITAT Ahmedabad ruled on assessment under Section 153A involving unexplained cash deposits and interpretation of 'other material' following search proceedings. The tribunal clarified that assessments under Section 153A can be made based on both incriminating material and other material found during search, even for years where assessment wasn't pending on search date. Due to divergent member opinions, matter was referred to third member. Majority held that additions based on incriminating and other materials should be remanded to CIT(A) for merit examination. Appeals by both department and assessee were partly allowed for statistical purposes. en-us Fri, 25 Apr 2025 00:00:00 +0530 Tue, 06 May 2025 11:22:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=770162 ITAT Ahmedabad ruled on assessment under Section 153A involving unexplained cash deposits and interpretation of 'other material' following search proceedings. The tribunal clarified that assessments under Section 153A can be made based on both incriminating material and other material found during search, even for years where assessment wasn't pending on search date. Due to divergent member opinions, matter was referred to third member. Majority held that additions based on incriminating and other materials should be remanded to CIT(A) for merit examination. Appeals by both department and assessee were partly allowed for statistical purposes. Case-Laws Income Tax Fri, 25 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=770162