No addition if No incriminating material found during search in respect of Unabated assessment

DCIT Vs Creative Trendz Pvt. Ltd. (ITAT Ahmedabad)

Ld.CIT-DR failed to bring any fact that assessment for the year under consideration was pending at the time of search on 14.02.2014 of that the issue of share capital was not the subject matter in the assessment was not reported while filing the Return of Income in the assessment year under consideration. The Ld. DR referred the explanation attached with section 153A that the AO has power to assess or re-assessing total income in respect of each assessment year falling within six assessment years. There

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