https://www.taxtmi.com/caselaws?id=464404 ITAT MUMBAI held that under section 153A the AO cannot disturb completed/unabated assessments for the relevant years where no incriminating material was found during search. Additions for bogus purchases, job work/labour charges, unexplained cash credits and loan interest were invalid in the absence of any new incriminating evidence; the AO must reiterate the earlier total income for those years. Reliance on HC and tribunal precedents affirmed that reopened action is permissible only when search yields material contrary to finalized assessments. Decision against revenue. en-us Mon, 03 Apr 2023 00:00:00 +0530 Tue, 28 Oct 2025 19:16:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=464404 ITAT MUMBAI held that under section 153A the AO cannot disturb completed/unabated assessments for the relevant years where no incriminating material was found during search. Additions for bogus purchases, job work/labour charges, unexplained cash credits and loan interest were invalid in the absence of any new incriminating evidence; the AO must reiterate the earlier total income for those years. Reliance on HC and tribunal precedents affirmed that reopened action is permissible only when search yields material contrary to finalized assessments. Decision against revenue. Case-Laws Income Tax Mon, 03 Apr 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=464404