Held that it was undisputed that no incriminating material was found during search and this was an unabated assessment. Hence, the addition was not sustainable. (AY. 2006-07)
ACIT v. Paramount Probuild Pvt. Ltd. (2023)101 ITR 36 (SN) (Delhi) (Trib)
S. 153A : Assessment-Search-Cash Credits-No incriminating material found during search-Unabated assessment-Additions not sustainable. [S.68]