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2021 (4) TMI 155 - AT - Income TaxAssessment u/s 153A - disallowance of deduction claimed by the assessee in respect of purchase of Zinc from M/s Hindustan Zinc Ltd (HZL), Haridwar and transport expenses paid to M/s Mewar Transport Company - AO made addition in respect of the above two items based on the evidence gathered in the search carried out by the Director General of Central Excise Department, Khopoli Unit at the premises of the assessee and subsequent order passed by the Customs and Central Excise Settlement Commission - HELD THAT:- The only source of information is the tax evasion petition received during assessment proceeding. DR also could not rebut the finding of the Ld. CIT(A) that no incriminating material was found during the course of the search under section 132 of the Act and the case is squarely covered by the decision of the Hon’ble High Court in the case of Kabul Chawla [2015 (9) TMI 80 - DELHI HIGH COURT]. We uphold the finding of the Ld. CIT(A) on the issue in dispute and the grounds No. 1 and 2 of the appeal of Revenue are accordingly dismissed.
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