2019 (8) TMI 474

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..... assessee on the merits of the additions. The approach of the ITAT of setting aside the search assessment on the ground that no fresh materials was seized or discerned in the course of search is correct and conform to the view taken by the Delhi High Court in the case of CIT (Central)-III vs. Kabul Chawla [ 2015 (9) TMI 80 - DELHI HIGH COURT] . That judgment has been followed by various High Co .....

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..... t years 2004-05 to 2010-11. The additions made were on identical grounds i.e. business loss, claim for dis-allowance of interest of substantial amount, additions made on account of unexplained cash entries in the bank accounts, etc. 3. The ITAT noticed inter alia that all the additions were not based upon any fresh materials seized during the course of search. That was the first ground fo .....

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