https://www.taxtmi.com/caselaws?id=753812 The ITAT Delhi ruled in favor of the assessee in an assessment under sections 153A and 153C. The tribunal held that additions cannot be made without incriminating material found during search, following the SC precedent in Abhisar Buildwell Pvt. Ltd. The court noted that disputed additions lacked supporting incriminating evidence from the search operation. Additionally, the tribunal found that the assessment year 2010-11 had not abated as the notice under section 153C was issued within the prescribed time limit. The CIT(A)'s order was set aside and the assessee's appeal was allowed. en-us Fri, 31 May 2024 00:00:00 +0530 Mon, 10 Jun 2024 16:28:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=753812 The ITAT Delhi ruled in favor of the assessee in an assessment under sections 153A and 153C. The tribunal held that additions cannot be made without incriminating material found during search, following the SC precedent in Abhisar Buildwell Pvt. Ltd. The court noted that disputed additions lacked supporting incriminating evidence from the search operation. Additionally, the tribunal found that the assessment year 2010-11 had not abated as the notice under section 153C was issued within the prescribed time limit. The CIT(A)'s order was set aside and the assessee's appeal was allowed. Case-Laws Income Tax Fri, 31 May 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=753812