If no incriminating material found during Search- Section 68 additions not sustainable

Amitbhai Manubhai Kachadiya Vs DCIT (ITAT Surat) The Learned Counsel for the assessee submitted that there were no recovery of any incriminating material / documents during the course of search and no assessment proceedings were pending in all the above assessment years under appeals on the date of the search on 17.07.2012. Therefore, no additions can be made u/s.68 of the Income Tax Act in all the assessment years u/s.153A of the Income Tax Act. He has submitted that original returns were filed in all the cases of three assessees for all the assessment years which have already been processed ...