[aaykarbhavan] ITAT slams AO for making afresh sec. 153A assessments when no incriminating material was found during search

 

ITAT slams AO for making afresh sec. 153A assessments when no incriminating material was found during search

April 25, 2014[2014] 44 taxmann.com 167 (Mumbai - Trib.)

IT : Where Assessing Officer as a result of search conducted under section 132 on assessee proceeded against him and made fresh assessments under section 153A for three assessment years, which had already been concluded, assessments made under section 153A were liable to be set aside, since no incriminating material was found during search and seizure operation

Regards

Prarthana Jalan

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