https://www.taxtmi.com/caselaws?id=397152 The appeals against the CIT(A) order under section 153A r.w.s 143(3) for assessment years 2010-11 & 2011-12, regarding the deletion of additions u/s 68 of the Income-tax Act, were heard together. The Hon'ble Delhi High Court's decision in the Kabul Chawla case was crucial in this case. Following the principles outlined in that decision, it was held that no addition u/s 68 was justified without incriminating material. Consequently, the assessee's appeals were allowed, and the revenue's appeals were dismissed by ITAT Delhi on 31st July 2020. This judgment underscores the importance of incriminating material and the distinction between abated and non-abated assessments in the assessment process under section 153A. en-us Fri, 31 Jul 2020 00:00:00 +0530 Thu, 06 Aug 2020 16:11:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=397152 The appeals against the CIT(A) order under section 153A r.w.s 143(3) for assessment years 2010-11 & 2011-12, regarding the deletion of additions u/s 68 of the Income-tax Act, were heard together. The Hon'ble Delhi High Court's decision in the Kabul Chawla case was crucial in this case. Following the principles outlined in that decision, it was held that no addition u/s 68 was justified without incriminating material. Consequently, the assessee's appeals were allowed, and the revenue's appeals were dismissed by ITAT Delhi on 31st July 2020. This judgment underscores the importance of incriminating material and the distinction between abated and non-abated assessments in the assessment process under section 153A. Case-Laws Income Tax Fri, 31 Jul 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=397152