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2021 (11) TMI 1163 - ITAT AHMEDABADValidity of assessment order passed u/s 153A - addition made on “on-money” for purchase of land - HELD THAT:- As in the case of Kabul Chawla [2015 (9) TMI 80 - DELHI HIGH COURT] in its concluding paragraph has observed that, on the date of the search, the assessments already stood completed and the returns in these years were accepted u/s 143(1) of the Act and these acceptance of returns processed u/s 143(1) of the Act was construed by the Hon’ble Delhi Court as completion of assessments and this acceptance of return, according to the Hon’ble Delhi High Court, could be tinkered with if some incriminating material was found at the premises of the assessee. Thus no addition is sustainable in the assessments framed under Section 153A of the Income-Tax Act, in both assessment years under consideration, in both the hands of the assessees. Therefore, we allow all these appeals and delete the additions.
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