2025 (4) TMI 1892

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....MEMBER AND SHRI ANUBHAV SHARMA, JUDICIAL MEMBER For the Assessee : Shri Rajeev Khandelwal, CA, & Shri Jaiyant Jaiswal, Advocate For the Revenue : Ms Rajinder Kaur, CIT DR ORDER PER ANUBHAV SHARMA, JM: These are appeals preferred by the Assessees against the orders of the Ld. First Appellate Authority in appeals filed before him against the orders of the ld. Assessing Officer (herein....

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....CIT, Central Circle- 03, New Delhi. Dated 26.12.2018 - DO - 2. On hearing both the sides, we find that the grounds of the Revenue are very ambiguously worded as follows :- "1. Whether the ld.CIT(A) has erred in law in relying on the ratio held in Kabul Chawla 61 taxmann.com 412 (Delhi) and in holding that completed assessment could not be interfered by the AO without incriminating m....

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....ions. The settled proposition of law, after the judgement of the Hon'ble Supreme Court of India, in the case of Pr. CIT v. Abhisar Buildwell (P.) Ltd. [2023] 149 taxman.com 399/293 Taxman 141/459 ITR 212 being that in case of unabated years the assessment in search cases can be on the basis of incriminating material, for that relevant AY, seized in search alone. The ld.CIT(A) has rightly follo....