https://www.taxtmi.com/caselaws?id=412557 The court upheld the ITAT's decision to delete additions made under Sections 68 and 69C of the Income Tax Act, as no incriminating materials were found during the searches, and the appellant provided sufficient documentation. The court deemed ITAT's reliance on the CIT vs Kabul Chawla precedent appropriate, emphasizing that additions cannot be made without incriminating material. Despite the Department's non-acceptance of Kabul Chawla and pending SLPs, the court found the ITAT's decision consistent with legal principles. As no undisclosed income or assets were detected, the court dismissed the appeals and applications, affirming that no additions could be made under Section 153A. en-us Thu, 09 Sep 2021 00:00:00 +0530 Mon, 10 Oct 2022 15:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=412557 The court upheld the ITAT's decision to delete additions made under Sections 68 and 69C of the Income Tax Act, as no incriminating materials were found during the searches, and the appellant provided sufficient documentation. The court deemed ITAT's reliance on the CIT vs Kabul Chawla precedent appropriate, emphasizing that additions cannot be made without incriminating material. Despite the Department's non-acceptance of Kabul Chawla and pending SLPs, the court found the ITAT's decision consistent with legal principles. As no undisclosed income or assets were detected, the court dismissed the appeals and applications, affirming that no additions could be made under Section 153A. Case-Laws Income Tax Thu, 09 Sep 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=412557