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2018 (1) TMI 1500 - AT - Income TaxAssessment u/s 153A - addition to income - proof of incriminating material found - HELD THAT:- The reference to the statement of employees, etc. collected at the time of search, which has been referred to in the stated Grounds of appeal before us, has already been considered by our co-ordinate Bench in its order [2017 (6) TMI 585 - ITAT MUMBAI] and it has been held that the same does not justify the inclusion of impugned addition in an assessment made u/s 153A r.w.s. 143(3) of the Act having regard to the judgment in the case of All Cargo Global Logistics Ltd. [2015 (5) TMI 656 - BOMBAY HIGH COURT] In view of the similarity of facts, in the instant case also, we hereby affirm the order of the CIT(A), which is in line with the ratio laid down by the Hon'ble Bombay High Court in the case of All Cargo Global Logistics Ltd. (supra). - Decided against revenue
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