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2019 (8) TMI 1790 - ITAT MUMBAIAssessment u/s 153A - proof of incriminating material found during the course of search - Unexplained share application money under section 68 and disallowance of expenses relatable to exempt income under section 14A read with Rule 8D - HELD THAT:- As according to CIT(A), the original assessment has not abated and there is no incriminating material found during the course of search. Hence, the assessment on this addition was correctly deleted in view of the decision of Continental Warehousing Corporation (Nhava Sheva) Ltd [2015 (5) TMI 656 - BOMBAY HIGH COURT] - Decided in favour of assessee.
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