Assessment U/s. 153A- In absence of Incriminating material no addition can be made in respect of concluded assessments

Y.V. Anjaneyulu Vs. Dy. CIT (ITAT Visakhapatnam)

In this case, search was taken place on 24-7-2008. As on the date of search, the assessments for the assessment years 2004-05 and 2005-06 are already concluded and there is no pending proceeding for those assess­ment years. The time limit for issue of notice under section 143(2) of the Act for the assessment years 2004-05 and 2005-06 has been expired. The assessing officer made additions towards deemed dividend under

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