No addition in Assessment U/s. 153A if No incriminating material found

DCIT Vs M/s Chandigarh Developers Pvt. Ltd. (ITAT Chandigarh) We find no reason to interfere in the order of the CIT(Appeals) who has deleted the additions made in the impugned case on finding that the same was not based on any incriminating material found during the course of search and assessment for the impugned year had not abated. The fact that no incriminating material was found has been admitted at Bar by the Ld. DR before us. The only document pointed out by the Revenue, we find, is a Balance Sheet that too pertaining to the succeeding year and which throws no light absolutely on the f...