https://www.taxtmi.com/caselaws?id=771961 ITAT Delhi ruled in favor of the assessee, deleting additions made under section 153A. The tribunal held that statements recorded under section 132 during search operations cannot constitute incriminating material without corroborative evidence. Following SC precedent in Abhisar Buildwell, the court determined that assessments under section 153A require incriminating material unearthed during search. Since the AO relied solely on statements without supporting evidence, the entire assessment was deemed unsustainable and additions were deleted. The assessee's appeal was allowed. en-us Fri, 30 May 2025 00:00:00 +0530 Mon, 02 Jun 2025 08:34:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=771961 ITAT Delhi ruled in favor of the assessee, deleting additions made under section 153A. The tribunal held that statements recorded under section 132 during search operations cannot constitute incriminating material without corroborative evidence. Following SC precedent in Abhisar Buildwell, the court determined that assessments under section 153A require incriminating material unearthed during search. Since the AO relied solely on statements without supporting evidence, the entire assessment was deemed unsustainable and additions were deleted. The assessee's appeal was allowed. Case-Laws Income Tax Fri, 30 May 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=771961