2022 (11) TMI 628 - HC - Income Tax
Assessment u/s 153A - Whether no incriminating documents or materials had been found and seized at the time of search? - HELD THAT:- This Court in Principal Commissioner of Income Tax vs. Bhadani Financiers Pvt. Ltd.[2021 (9) TMI 902 - DELHI HIGH COURT] has held that where the assessment of the Respondents has attained finality prior to the date of search and no incriminating documents or materials had been found and seized at the time of search, no addition could be made under Section 153A of the Act as the cases of the Respondents were of non-abated assessment.
Though the issue involved in Kabul Chawla [2015 (9) TMI 80 - DELHI HIGH COURT] has been challenged and is pending adjudication before the Supreme Court, yet there is no stay of the said judgment till date. No substantial question of law arises.