No addition to be made in block assessment if no incriminating material found during search

IN THE ITAT MUMBAI BENCH ‘G’ Gurinder Singh Bawa Versus Deputy Commissioner of Income-tax IT APPEAL NOS. 2075 & 2669 (MUM.) OF 2010 [ASSESSMENT YEAR 2005-06] NOVEMBER 16, 2012 ORDER Rajendra Singh, Accountant Member These cross appeals are directed against the order dated 28.1.2010 of CIT(A) for the assessment year 2005-06. The disputes raised in these appeals relate to legal validity of additions made under section 153A of the Income Tax Act, 1961 as well as merit of additions under section 68 and section 2(22)(e) of the Act. 2. Before we proceed to deal with ...