https://www.taxtmi.com/caselaws?id=418248 The Court dismissed the appeal filed by the Revenue, upholding the ITAT order that deleted the deduction disallowed under Section 80HHC of the Income Tax Act. It was held that Section 153A did not apply as no incriminating material was found during the search, and assessments were already complete. The Court relied on the interpretation of CIT vs Kabul Chawla, stating that assessments pending at the search date shall abate, and fresh assessments must be based on seized material. As the respondent's assessment was finalized before the search with no incriminating documents, no addition could be made under Section 153A. en-us Mon, 07 Feb 2022 00:00:00 +0530 Fri, 11 Feb 2022 07:22:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=418248 The Court dismissed the appeal filed by the Revenue, upholding the ITAT order that deleted the deduction disallowed under Section 80HHC of the Income Tax Act. It was held that Section 153A did not apply as no incriminating material was found during the search, and assessments were already complete. The Court relied on the interpretation of CIT vs Kabul Chawla, stating that assessments pending at the search date shall abate, and fresh assessments must be based on seized material. As the respondent's assessment was finalized before the search with no incriminating documents, no addition could be made under Section 153A. Case-Laws Income Tax Mon, 07 Feb 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=418248