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2014 (10) TMI 909 - AT - Income TaxValidity of the additions made in sec. 153A assessment proceedings - Held that:- There is no dispute with regard to the fact that the additions made by the AO in assessment years 2003-04 and 2005-06 are not based upon any incriminating material found during the course of search. Further, both the above said assessment years fall in the category of concluded assessments. Hence, by following the consistent view taken by the various benches of Tribunal, we hold that the impugned additions made in both the years under consideration are liable to be deleted. Accordingly, we set aside the orders passed by the ld. CIT(A) in both the years and direct the AO to delete the impugned additions made in both the years. - Decided in favour of assessee
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