2021 (12) TMI 1394

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.... CIT(A) Order under challenge date and case No. Proceedings under section 20 to 25/Hyd/2021 M/s. GVK Enterprises, Hyderabad. DCIT, Central Circle -3(4), Hyderabad 2010-11 to 2013- 14, 2015- 16 and 2017-18 CIT(A)-11, Hyderabad dt.11.09.2020 10143, 10147, 10117, 10120, 10133 and 10170 /2019-20 143(3) r.w.s 153C 45 to 49/Hyd/2021 ACIT, Central Circle -3(4), Hyderabad M/s. Sri Krishna Constructions, Hyderabad. PAN : ABBFS8556K 2010-11 to 2012- 13, 2015- 16 and 2017-18 -do- 10143, 10147, 10117, 10133 and 10170/ 2019-20 -do Heard both parties. Case files perused. 2. The captioned appeals filed by the assessee are found to be barred by 23 days' delay in filing. It has moved a petition requesting the bench to condone ....

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....17 (Allahabad) that it is nowhere necessary to initiate and frame section 153A / 153C assessments only in case of incriminating material found / seized during the course of search. 6. We find no merit in the Revenue's instant argument since not only hon'ble apex court's recent decision in CIT Vs. Sinhghad Technical Educational Society (supra) but also various decisions of hon'ble high courts i.e. CIT vs. Kabul Chawla (2016) 360 ITR 573 (Del), CIT Vs. Salasar Stock Broking Limited (Calcutta high court) in G.A.No.1929 of 2016 dt.24.08.2016 and CIT Vs. Continental Warehousing Corporation (2015) 374 ITR 64 (Bom) to name a few, indeed support the assessee's case that the impugned proceedings could be taken recourse to only in case of incriminat....