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2019 (1) TMI 1964 - HC - Income TaxAssessment u/s 153A - Whether ITAT was correct in holding that completed assessment could not be abated unless some incriminating evidence or material was found during search qua the additions made by the AO? - HELD THAT:- It is an undisputed position that the issue is covered by the judgment in case of Commissioner of Income Tax Vs. Continental Warehouisng Corporation (Nhava Sheva) Ltd. and anr. [2015 (5) TMI 656 - BOMBAY HIGH COURT]. In such judgment the view of the High Court was that only undisclosed income and undisclosed assets detected during search could be brought to tax in relation to these years for which the notice under section 153A of the Income Tax Act, 1961 has been issued. Under the circumstances, tax appeals are dismissed.
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