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2018 (6) TMI 471 - AT - Income TaxAssessment u/s 153A - addition u/s 68 - incriminating material which seized has to pertain to the assessment years in question - Held that:- In the instant case addition of ₹ 11,85,00,000/- was made on the basis of statements recorded u/s 132(4) and post-search enquiry and no incriminating material was found/seized during the course of search, therefore we hold that no addition could have been made u/s 153A since the assessment was not abated in the instant case. In view of the above, we hold that the ld. CIT(A) was not justified in upholding the action of the Assessing Officer in assuming jurisdiction u/s 153A - Decided in favour of assessee
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