TMI Blog2018 (12) TMI 1890X X X X Extracts X X X X X X X X Extracts X X X X ..... to be followed. Therefore, in the absence of material found in the course of search operation, there cannot be any addition under Section 153A. Therefore, this Tribunal do not find any reason to interfere with the order of the lower authority and accordingly the same is confirmed. The cross-objections filed by the assessee become infructuous, therefore, stand dismissed. - ITA Nos.1055 & 1054 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... the same by this common order. 2. We heard Shri S. Bharath, the Ld. Departmental Representative and Sh. T. Banusekar, the Ld. representative for the assessee. Admittedly, there was no material found during the course of search operation. The Revenue filed the appeals on the basis of judgment of Kerala High Court in CIT v. M/s St. Francis Clay D cor Tiles (2016) 385 ITR 624. The assessee has no ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... of material found in the course of search operation, there cannot be any addition under Section 153A of the Income-tax Act, 1961 (in short 'the Act'). Therefore, this Tribunal do not find any reason to interfere with the order of the lower authority and accordingly the same is confirmed. 3. The cross-objections filed by the assessee become infructuous, therefore, stand dismissed. 4. ..... X X X X Extracts X X X X X X X X Extracts X X X X
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