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2022 (5) TMI 1342 - AT - Income TaxAssessment u/s 153A - incriminating material found during the course of search or not? - HELD THAT:- The impugned assessment order clearly shows that the impugned additions are devoid of any incriminating material found at the time of search. We are of the considered opinion that on the given facts of the case, the ratio laid down by the Hon'ble Supreme Court in the case of Singhad Technical Education [2017 (8) TMI 1298 - SUPREME COURT ] squarely apply wherein the Hon'ble Supreme Court has held that the nexus between issue of notice u/s 153C of the Act and incriminating material found as a result of search must exist. - Decided against revenue.
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