ITAT Chandigarh Quashes 153A Additions Without Incriminating Material

Nirmal Singh Vs DCIT (ITAT Chandigarh) ITAT Chandigarh Gives Full Relief: Additions under 153A Quashed for Want of Incriminating Material Chandigarh ITAT has delivered a significant ruling in favour of Assessee by deleting additions made in four consecutive assessment years on the ground that they were not supported by any incriminating material found during search. Assessee had filed returns for assessment years 2015-16 to 2019-20, all of which had already attained finality. Subsequently, a search u/s 132 was conducted on 28.01.2021 covering Assessee & educational societies with which he ...