Section 153A Additions Sustained Where Incriminating Material Exists: ITAT Ahmedabad

Dipaliben M. Shah Vs DCIT (ITAT Ahmedabad) ITAT Ahmedabad: Section 153A Additions Sustained Where Incriminating Material Exists; Relief Granted for Amounts Already Offered Before Settlement Commission The Ahmedabad Bench of the ITAT disposed of a batch of four appeals filed by the assessee for AYs 2009-10, 2010-11, 2012-13 and 2015-16. Appeals relating to AYs 2012-13 and 2015-16 were dismissed as not pressed. For AY 2009-10, the Tribunal held that additions under section 153A could be sustained where incriminating material existed, following the coordinate bench decision in ACIT v. Benefit Tra...