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2015 (7) TMI 240 - AT - Income TaxValidity of ssessment u/s 153 - Addition u/s 68 - Held that:- No addition can be made for this assessment year u/s 153A since no incriminating material was unearthed during the course of search and admittedly original assessment has not abated as on date of search. So we are inclined to follow the view of the Coordinate Bench in the assessee‟s group company M/s Aggarwal Plaza Pvt. Ltd Vs. DCIT. [2014 (7) TMI 1133 - ITAT DELHI] As we have upheld the ground of the assessee in CO that de-hors any incriminating material no addition can be made while computing “Total income” under section 153A of the Act, we are not inclined to adjudicate the appeal of the Revenue as it would be an academic exercise only so we dismiss it. - Decided in favour of asseessee.
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