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2014 (1) TMI 548 - AT - Income TaxWhether addition can be made u/s 153A when no material evidence found during search - Held that:- Following All Cargo Global Logistics Ltd. v/s DCIT [2012 (7) TMI 222 - ITAT MUMBAI(SB)] - Once no material has been found at the time of search and the earlier assessment order has attained finality, then no addition can be made in the assessment order passed under section 153A - If the material has been considered in the course of original assessment proceedings, then without any further incriminating material, addition cannot be made in the assessment order passed under section 153A - Decided in favor of assessee.
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