https://www.taxtmi.com/caselaws?id=773499 ITAT Hyderabad dismissed assessee's adjournment petition as cryptic and without valid reasons, following HC precedent. The tribunal set aside CIT(A)'s order that wrongly deleted additions under Section 153C requirements when assessment was actually under Section 143(3) for search year. CIT(A) incorrectly applied Section 153C provisions instead of Section 143(3) requirements for search year assessment involving undisclosed receipts and unexplained advances. Matter remanded to CIT(A) for fresh adjudication on merits. Revenue's appeal allowed for statistical purposes. en-us Tue, 10 Dec 2024 00:00:00 +0530 Tue, 24 Jun 2025 08:25:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=773499 ITAT Hyderabad dismissed assessee's adjournment petition as cryptic and without valid reasons, following HC precedent. The tribunal set aside CIT(A)'s order that wrongly deleted additions under Section 153C requirements when assessment was actually under Section 143(3) for search year. CIT(A) incorrectly applied Section 153C provisions instead of Section 143(3) requirements for search year assessment involving undisclosed receipts and unexplained advances. Matter remanded to CIT(A) for fresh adjudication on merits. Revenue's appeal allowed for statistical purposes. Case-Laws Income Tax Tue, 10 Dec 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=773499