Reopening of unabated assessment u/s. 153A without incriminating material is impermissible

Arati Ray Vs DCIT (ITAT Kolkata) ITAT Kolkata held that in terms of block assessment under section 153A of the Income Tax Act, reopening of unabated assessment without any incriminating material found with respect to concerned assessment year is impermissible in law. Facts- The present three appeals are directed against the separate orders of ld. Principal Commissioner of Income Tax (Central), Kolkata-2 passed under section 263 of the Income Tax Act in assessment year 2014-15 in the case of each assessee. The short question involved herein is whether scope of assessment under section 153A coul...