https://www.taxtmi.com/caselaws?id=774597 The ITAT Mumbai held that assessment orders under section 153A require incriminating material found during search operations to establish jurisdiction. The tribunal ruled that statements recorded during search alone, without corroborating material evidence, cannot authorize assessment officers to make assessments. Following the SC precedent in Abhisar Buildwell case, the tribunal emphasized that absence of incriminating material during search under section 132 removes the assessment officer's jurisdiction to proceed under section 153A. The assessment was quashed in favor of the assessee. en-us Wed, 09 Jul 2025 00:00:00 +0530 Fri, 11 Jul 2025 08:39:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=774597 The ITAT Mumbai held that assessment orders under section 153A require incriminating material found during search operations to establish jurisdiction. The tribunal ruled that statements recorded during search alone, without corroborating material evidence, cannot authorize assessment officers to make assessments. Following the SC precedent in Abhisar Buildwell case, the tribunal emphasized that absence of incriminating material during search under section 132 removes the assessment officer's jurisdiction to proceed under section 153A. The assessment was quashed in favor of the assessee. Case-Laws Income Tax Wed, 09 Jul 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=774597