https://www.taxtmi.com/caselaws?id=774027 The ITAT Delhi allowed the assessee's appeal against an addition made under section 153A for unexplained cash credit under section 68. The tribunal held that without incriminating seized material found during search, no addition can be made in section 153A assessment. The AO failed to refer any seized material in the assessment order as basis for the addition, making only unsecured loan addition under section 68. The department cannot improve the AO's case by presenting materials not referenced in the original assessment order. Following SC precedent in Abhisar Buildwell case, the tribunal ruled that additions require incriminating material found during search. en-us Wed, 30 Apr 2025 00:00:00 +0530 Wed, 02 Jul 2025 08:42:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=774027 The ITAT Delhi allowed the assessee's appeal against an addition made under section 153A for unexplained cash credit under section 68. The tribunal held that without incriminating seized material found during search, no addition can be made in section 153A assessment. The AO failed to refer any seized material in the assessment order as basis for the addition, making only unsecured loan addition under section 68. The department cannot improve the AO's case by presenting materials not referenced in the original assessment order. Following SC precedent in Abhisar Buildwell case, the tribunal ruled that additions require incriminating material found during search. Case-Laws Income Tax Wed, 30 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=774027