https://www.taxtmi.com/caselaws?id=762802 ITAT Delhi dismissed revenue's appeal in assessment u/s 153A case. Tribunal held no additions could be made in completed assessment without incriminating material found during search, following SC precedent in Abhisar Buildwell. Addition for bogus purchases deleted as expenditure was recorded in regular books, payments made from disclosed bank accounts, and books not rejected by authorities. Section 69C provisions inapplicable when source of expenditure explained through accepted books. Addition u/s 69A also deleted as undisclosed income admission was backed by credible evidence and seized documents supported actual figures deposited in bank accounts. en-us Wed, 04 Dec 2024 00:00:00 +0530 Thu, 18 Jun 2026 14:35:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=762802 ITAT Delhi dismissed revenue's appeal in assessment u/s 153A case. Tribunal held no additions could be made in completed assessment without incriminating material found during search, following SC precedent in Abhisar Buildwell. Addition for bogus purchases deleted as expenditure was recorded in regular books, payments made from disclosed bank accounts, and books not rejected by authorities. Section 69C provisions inapplicable when source of expenditure explained through accepted books. Addition u/s 69A also deleted as undisclosed income admission was backed by credible evidence and seized documents supported actual figures deposited in bank accounts. Case-Laws Income Tax Wed, 04 Dec 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=762802