2025 (9) TMI 96

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....ent : Sh. Rajesh Kumar Dhanesta, Sr. DR ORDER PER SATBEER SINGH GODARA, JM These assessee's twin appeals ITA No. 370 & 371/Del/2024 for assessment years 2006-07 & 2007-08 arise against the Commissioner of Income Tax (Appeals)-27 [in short, the "CIT(A)"], New Delhi's orders, both dated 24.11.2023 passed in case nos. CIT(A), Delhi-27/10009/2005-06 and CIT(A), Delhi- 27/10010/2006-07, involv....

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.... search action in assessee's case on 19.10.2010, leading to initiation of Section 153A proceedings. And that hon'ble apex court's recent landmark decision in PCIT Vs. Abhisar Builwell P. Ltd. (2023) 454 ITR 212 (SC) has settled the law that such an addition involving an "unabated" assessment has to be based on the seized/incriminating material only. 4. From a perusal of the assessment discussio....