No Addition in Completed Years Without Incriminating Material in Search Assessment

Bhagwat Dayal Vs DCIT (ITAT Delhi)

No Incriminating Material—Additions in Search Assessments Quashed by ITAT Delhi- Unabated Years: ITAT Follows Supreme Court in Abhisar Buildwell,-  Search Without Seizure of Incriminating Evidence Can’t Lead to Additions—  Deposits in Bank Not “Incriminating Material” u/s 153A— 

Assessee, Shri Bhagwat Dayal, was a director in several companies of the SRS Group. Pursuant to a search u/s 132 conducted on 06.06.2018 in the SRS Group, the AO issued notice u/s 153

Please become a Premium member. If you are already a Premium member, login here to access the full content.