https://www.taxtmi.com/caselaws?id=771587 Tribunal partially allowed the appeal in tax assessment case. Deleted Rs. 1,50,000 addition for foreign travel expenses due to absence of incriminating material during search operation. Upheld procedural validity of assessment under section 153A/144, following SC precedent in Pr. CIT vs Abhisar Buildwell. Implicitly negated interest levy consequent to deletion of addition. Assessment order modified accordingly. en-us Thu, 27 Mar 2025 00:00:00 +0530 Wed, 28 May 2025 08:26:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=771587 Tribunal partially allowed the appeal in tax assessment case. Deleted Rs. 1,50,000 addition for foreign travel expenses due to absence of incriminating material during search operation. Upheld procedural validity of assessment under section 153A/144, following SC precedent in Pr. CIT vs Abhisar Buildwell. Implicitly negated interest levy consequent to deletion of addition. Assessment order modified accordingly. Case-Laws Income Tax Thu, 27 Mar 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=771587