Extrapolation of Suppressed Profit Beyond Search Date Without Incriminating Material Deemed Invalid: ITAT Delhi

ACIT Vs YPA Restaurant Pvt Ltd (ITAT Delhi)

ITAT Delhi holds extrapolation beyond seized period invalid – ₹3.74 crore addition on Alleged Suppressed Profit deleted as post-search income not supported by evidence- Suppression Must Be Proven, Not Presumed – Additions Without Seized Material Unsustainable- Tribunal Rejects AO’s Projection for Post-Search Months

Revenue filed appeal against the order of CIT(A)deleting addition of ₹3,74,62,677/- made by AO on account of alleged suppression of profit in the case of YPA Restaurant Pvt. Ltd., a company forming part of the

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