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2019 (7) TMI 309 - HC - Income TaxAssessment u/s 153A - no incriminating material had been found against the Assessee during the course of the search - HELD THAT:- CIT (Appeals) agreed with the Assessee on merits and quashed the assessment under Section 153-A of the IT Act. When the matter reached the ITAT at the instance of the Revenue, it dismissed the appeal following the decision of this Court in Commissioner of Income-tax (Central)-III v Kabul Chawla [2015 (9) TMI 80 - DELHI HIGH COURT] The Court is informed by learned counsel for the Revenue that although the Revenue’s appeal in the case of Commissioner of Income-tax (Central)- III v Kabul Chawla (supra) was dismissed by the Supreme Court on the ground of monetary limit of the tax effect involved, the correctness of the said judgment is in question in other appeals filed by the Revenue in the Supreme Court. Nevertheless, the Court is informed that there has been no stay of the operation of the judgment of this Court in Commissioner of Income-tax (Central)-III v Kabul Chawla (supra). No substantial question of law
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