https://www.taxtmi.com/caselaws?id=773437 ITAT Delhi allowed the assessee's appeal and deleted additions made by AO for undisclosed sales and investment. The additions were based solely on information from Central Excise Department's search of another company without independent inquiry by AO. Since CESTAT had already quashed similar additions against the searched company and allowed their appeal, deleting duty demand and penalty, ITAT found no basis to sustain additions against the assessee. The assessment order and CIT(A) order were set aside. en-us Fri, 20 Jun 2025 00:00:00 +0530 Mon, 23 Jun 2025 08:42:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=773437 ITAT Delhi allowed the assessee's appeal and deleted additions made by AO for undisclosed sales and investment. The additions were based solely on information from Central Excise Department's search of another company without independent inquiry by AO. Since CESTAT had already quashed similar additions against the searched company and allowed their appeal, deleting duty demand and penalty, ITAT found no basis to sustain additions against the assessee. The assessment order and CIT(A) order were set aside. Case-Laws Income Tax Fri, 20 Jun 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=773437