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2023 (11) TMI 443 - AT - Income TaxAssessment u/s 153A - incriminating material unearthed during the search or not? - HELD THAT:- The entire issue stands settled in the case of M/s. Abhisar Buildwell P. Ltd.[2023 (4) TMI 1056 - SUPREME COURT] wherein held that in case no incriminating material is unearthed during the search, the AO cannot assess or reassess taking into consideration the other material in respect of completed assessments/unabated assessments. Hence, we hold that no addition can be made in the case of the assessee sans seized material. Appeal of the assessee is allowed.
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