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2017 (12) TMI 661 - AT - Income TaxScope of assessment u/s 153A - Disallowance of deduction u/s. 35D - Disallowance of claim of indexation on the sale of property - Held that:- We find that the additions made by the AO are beyond the scope of section 153A of the Income Tax Act, 1961, because no incriminating material or evidence had been found during the course of search so as to doubt the transactions. It was noted that in the entire assessment order, the AO has not referred to any seized material or other material for the year under consideration having being found during the course of search in the case of assessee, leave alone the question of any incriminating material for the year under appeal. - Decided in favour of assessee.
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