No Search Evidence, No 153A Jurisdiction: ₹6.11 Lakh Addition Deleted

Shailesh Kumar Vs ACIT (ITAT Delhi) Delhi ITAT Quashes ₹6.11 Lakh Addition in 153A Assessment: No Incriminating Material, Abhisar Buildwell Applied The Delhi Bench ‘B’ of the ITAT in  allowed the Assessee’s appeal and deleted the addition of ₹6,11,153 sustained by the CIT(A), holding that no addition can be made u/s 153A in the absence of incriminating material found during search. A search u/s 132 was conducted on 24.05.2017 in connection with the H.S. Tewari group, covering the Assessee. The AO completed assessment u/s 153A/143(3) by making an addition of ₹12,01,153 towards unex...