https://www.taxtmi.com/caselaws?id=753491 ITAT Delhi allowed the appeal, deleting additions made under section 153A assessment. The court held that following SC precedent in Abhisar Buildwell, AO cannot assess income from completed/unabated assessments when no incriminating material is found during search and seizure operations under section 132. Since additions were not based on any incriminating material discovered during search, they could not survive. The commission income addition directed by First Appellate Authority was also deleted for same reason. en-us Fri, 31 May 2024 00:00:00 +0530 Tue, 04 Jun 2024 08:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=753491 ITAT Delhi allowed the appeal, deleting additions made under section 153A assessment. The court held that following SC precedent in Abhisar Buildwell, AO cannot assess income from completed/unabated assessments when no incriminating material is found during search and seizure operations under section 132. Since additions were not based on any incriminating material discovered during search, they could not survive. The commission income addition directed by First Appellate Authority was also deleted for same reason. Case-Laws Income Tax Fri, 31 May 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=753491