https://www.taxtmi.com/caselaws?id=447660 ITAT Delhi held that additions made by AO under section 153A were unsustainable in absence of incriminating material during search/survey. Following Kabul Chawla case affirmed by SC in Abhisar Buildwell, CIT(A) correctly deleted additions as Revenue failed to produce seized material justifying the additions. The tribunal found no infirmity in CIT(A)'s order since no incriminating materials were seized relating to the disputed additions. Decision favored assessee. en-us Fri, 29 Dec 2023 00:00:00 +0530 Tue, 02 Jan 2024 09:12:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=447660 ITAT Delhi held that additions made by AO under section 153A were unsustainable in absence of incriminating material during search/survey. Following Kabul Chawla case affirmed by SC in Abhisar Buildwell, CIT(A) correctly deleted additions as Revenue failed to produce seized material justifying the additions. The tribunal found no infirmity in CIT(A)'s order since no incriminating materials were seized relating to the disputed additions. Decision favored assessee. Case-Laws Income Tax Fri, 29 Dec 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=447660