https://www.taxtmi.com/caselaws?id=772180 ITAT Mumbai ruled that additions made under section 153A assessment regarding on-money received by various entities must be deleted. The tribunal held that completed assessments can only be interfered with based on incriminating material discovered during search operations. Since the impugned addition lacked any incriminating material found during the search, the assessment failed. The Assessing Officer was directed to delete the addition as it was not supported by evidence unearthed during search proceedings. en-us Fri, 04 Apr 2025 00:00:00 +0530 Thu, 05 Jun 2025 08:25:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=772180 ITAT Mumbai ruled that additions made under section 153A assessment regarding on-money received by various entities must be deleted. The tribunal held that completed assessments can only be interfered with based on incriminating material discovered during search operations. Since the impugned addition lacked any incriminating material found during the search, the assessment failed. The Assessing Officer was directed to delete the addition as it was not supported by evidence unearthed during search proceedings. Case-Laws Income Tax Fri, 04 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=772180