2017 (12) TMI 65

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....ay Kumar, Jr. Standing Counsel with Mr. Rahul Chaudhary, Sr. Standing Counsel for appellant. Dr. Shashwat Bajpai with Mr. Sharad Agarwal, Advs. for respondent.   S. RAVINDRA BHAT, J.(ORAL) 1. In these appeals, the Revenue's grievance is with respect to the deletions ordered by the CIT(A) and affirmed by the ITAT. 2. The facts necessary for this case are that a search assessment was comple....

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....covered from its premises, the search completed in the facts of this case was untenable. The CIT(A) granted relief on the merits holding that the statement made by a stranger/third party in the course of a search, could not be attributed to or lead to adverse consequences as far as the assessee was concerned. It was further held that there was no corroborative material to connect those statements ....