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2018 (10) TMI 605 - ITAT DELHI
Assessment u/s 153A - absence of incriminating material found during search - special audit u/s 142(2A) - extension of time limit for submission of Audit Report U/s 142(2A) - Period of limitation - Held that:- nowhere it is the case of Revenue that the aforesaid addition is based on any incriminating material found in the case of the Assessee either for this year or for any other Assessment Year covered by Section 153A of I.T. Act. - CIT(A) was not justified in confirming the aforesaid addition of ₹ 10,10,476/- made by the Assessing Officer.
Since the addition is already deleted by us, the other issues raised by the Assessee in the grounds of appeal are academic in nature and need not be adjudicated - Decided in favor of assessee.