Addition u/s 153A for completed assessments couldn’t be made without incriminating material

Saurabh Agrotech Pvt. Ltd. Vs DCIT (ITAT Jaipur) Conclusion: Since the assessments were completed in the case of assesee and there was no incriminating material found during the search in the case of the assessee, the additions made under Section 153A were unsustainable. Held: Assessee was engaged in the business of oil manufacturing and trading, filed its return for Assessment Years 2010-11 and 2012-13, declaring income that was assessed under scrutiny proceedings. A search was later conducted on the Data Group, of which assessee was a part. Following the search, assessments were reopened und...