https://www.taxtmi.com/caselaws?id=778003 ITAT KOLKATA upheld deletion of additions under s.68 made in an assessment framed u/s 153A, holding that where assessments are non-abated/completed, additions can be sustained only on the basis of incriminating material actually found and seized during the search. The tribunal followed the controlling SC precedent and agreed with the CIT(A) that, in absence of seized incriminating material, the addition was unsustainable. Decision rendered in favour of the assessee. en-us Wed, 15 Jan 2025 00:00:00 +0530 Tue, 09 Sep 2025 08:38:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=778003 ITAT KOLKATA upheld deletion of additions under s.68 made in an assessment framed u/s 153A, holding that where assessments are non-abated/completed, additions can be sustained only on the basis of incriminating material actually found and seized during the search. The tribunal followed the controlling SC precedent and agreed with the CIT(A) that, in absence of seized incriminating material, the addition was unsustainable. Decision rendered in favour of the assessee. Case-Laws Income Tax Wed, 15 Jan 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=778003