https://www.taxtmi.com/caselaws?id=427627 The ITAT Delhi dismissed the revenue's appeals, upholding the CIT(A)'s decisions to delete additions for unrecorded sales, bogus share capital, and extra profit. The court emphasized the lack of incriminating material during the search action and the importance of following relevant legal principles in assessments under the Income Tax Act. en-us Thu, 30 Jun 2022 00:00:00 +0530 Mon, 09 Jan 2023 15:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=427627 The ITAT Delhi dismissed the revenue's appeals, upholding the CIT(A)'s decisions to delete additions for unrecorded sales, bogus share capital, and extra profit. The court emphasized the lack of incriminating material during the search action and the importance of following relevant legal principles in assessments under the Income Tax Act. Case-Laws Income Tax Thu, 30 Jun 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=427627