https://www.taxtmi.com/caselaws?id=314460 The ITAT Delhi allowed the assessee's appeal, directing the deletion of the addition made by the AO concerning the disallowance of freight charges under Section 37(1). The Tribunal emphasized that without incriminating material, completed assessments under Section 153C cannot be interfered with. The Tribunal upheld the completed assessments, underscoring the necessity of incriminating evidence for reassessment actions. en-us Mon, 10 Aug 2020 00:00:00 +0530 Wed, 12 Jun 2024 19:34:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=314460 The ITAT Delhi allowed the assessee's appeal, directing the deletion of the addition made by the AO concerning the disallowance of freight charges under Section 37(1). The Tribunal emphasized that without incriminating material, completed assessments under Section 153C cannot be interfered with. The Tribunal upheld the completed assessments, underscoring the necessity of incriminating evidence for reassessment actions. Case-Laws Income Tax Mon, 10 Aug 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=314460