https://www.taxtmi.com/caselaws?id=458175 ITAT Delhi held that additions made under section 153A assessment were invalid in absence of incriminating material. The tribunal found no assessment was pending on search date and additions were based solely on book entries already disclosed to department. Following jurisdictional HC precedent in PCIT vs. Subhash Khattar, ITAT ruled additions made without incriminating material during concluded assessment proceedings were unsustainable. Decision favored assessee against revenue. en-us Wed, 20 Jul 2022 00:00:00 +0530 Fri, 11 Oct 2024 14:33:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=458175 ITAT Delhi held that additions made under section 153A assessment were invalid in absence of incriminating material. The tribunal found no assessment was pending on search date and additions were based solely on book entries already disclosed to department. Following jurisdictional HC precedent in PCIT vs. Subhash Khattar, ITAT ruled additions made without incriminating material during concluded assessment proceedings were unsustainable. Decision favored assessee against revenue. Case-Laws Income Tax Wed, 20 Jul 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=458175