Addition in unabated assessment deleted in absence of incriminating material found during search

Hetal Rakesh Mehta Vs ACIT (ITAT Pune)

ITAT Pune held that in respect of unabated assessment, no addition can be made by AO in absence of any incriminating material found during the course of search under section 132 of the Income Tax Act. Accordingly, order set aside and appeal allowed.

Facts- A search and seizure action u/s 132 of the Act was conducted in the case of the assessee on 06.11.2019. During the course of assessment proceedings AO noted from the perusal of the seized documents and the statements given during the search action that the assessee wa

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