Case Law Details
Case Name : ACIT Vs Mansha Agencies Pvt Ltd (ITAT Mumbai)
Appeal Number : ITA Nos.1570 & 1571/MUM/2024
Date of Judgement/Order : 09/07/2024
Related Assessment Year : 2016-17
Courts :
All ITAT ITAT Mumbai
Become a Premium member to Download.
If you are already a Premium member, Login here to access.
Sponsored
ACIT Vs Mansha Agencies Pvt Ltd (ITAT Mumbai)
In this case, the Income Tax Appellate Tribunal (ITAT) considered the issue of whether the Assessing Officer (AO) could make additions to assessments when no incriminating material was found during a search conducted under section 132 or requisition under section 132A. The key points are as follows:
Background: The assessment year in question was an unabated year, falling within the scope of section 153A of the Income Tax Act. No incriminating material had been discovered during the search conducted on the assessee.
Supreme Court Decision (Abhisar Buildwell Pvt. Ltd.): The Supreme Court clarified that:
Please become a Premium member. If you are already a Premium member, login here to access the full content.
Sponsored
Kindly Refer to
Privacy Policy &
Complete Terms of Use and Disclaimer.