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2017 (1) TMI 444 - AT - Income TaxValidity of assessment order passed u/s 143(3) r.w.s 153A - addition to income u/s 14A - Held that:- AO cannot dispute and disturb already completed and finalized assessment by making additions which have no connections or relevance with the seized material. In the present case before us we find that there was no materials found during search by search party with respect to addition made by the AO. The assessment in the present year was complete and finalized on the date of search and therefore addition as made by the AO u/s 14A in respect of expenses relating to the exempt income is without jurisdiction u/s 143(3) read with section 153A and accordingly, the AO is directed to delete the addition. - Decided in favour of assessee
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