2025 (4) TMI 1960

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....virtual) For the Respondent : Ms. Ann Marry Baby, CIT ORDER PER JAGADISH, A.M: Aforesaid appeal filed by the assessee for Assessment Year (AY) 2026-17 arises out of the order of Learned Commissioner of Income Tax (Appeals)-20, Chennai [hereinafter " CIT(A)"] dated 30.08.2024. 2. The effective ground of appeal in this appeal of assessee is against confirming the disallowance to the e....

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.... assessee is in appeal before Ld. CIT(A), had also contended that no addition could be made in the assessment order passed u/s. 153A of the Act in the absence of incriminating material, in view of decision of Hon'ble Supreme Court in the case of PCIT vs. Abhisar Buildwell Pvt. Ltd. 4. The Ld AR before us has submitted that there was no incriminating material found during the search, therefore i....

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....ition can be made in the assessment order passed u/s. 153A of the Act. In this case the assessee had filed its return of income on 28.03.2017 and the time available for issue of notice u/s. 143(2) of the Act was till 31.09.2017. Meanwhile, the search was conducted on 21.09.2017. Therefore, on the date of search, time to issue notice u/s. 143(2) of the Act was not expired and the assessment was to ....