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2023 (3) TMI 279 - ITAT DELHIAssessment u/s 153A - Unsecured loan u/s 68 - incriminating material found during the search or not? - HELD THAT:- As in the absence of any incriminating material found during the search action and duly following the judgements in the cases of CIT (Central-III) vs. Kabul Chawla [2015 (9) TMI 80 - DELHI HIGH COURT] and Meeta Gutgutia [2017 (5) TMI 1224 - DELHI HIGH COURT] hold that the assessment u/s 153A/143(3) of the Act in the instant case for AY 2010-11 was not justified and therefore is quashed. We further find that identical issue arose in the case of the husband of the assessee, Mr. Vinod Kumar Taneja [2022 (9) TMI 1424 - ITAT DELHI]wherein the Co-ordinate Bench of Tribunal had dismissed the appeal of the Revenue. Before us, no fallacy in the findings of CIT(A) has been pointed out by Revenue nor has Revenue pointed to any distinguishing feature in the present case and that of husband of assessee, Mr. Vinod Kumar Taneja - Decided against revenue.
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