Held that where the assessment is completed before the date of search and no incriminating materials are found assessment is held to be bad in law.(AY. 2015-16 to 2018-19)
Aurum Platz P. Ltd. v. Dy. CIT (2023)105 ITR 615 / 225 TTJ 771 / 152 taxmann.com 85 (Mum) (Trib)
S. 153A : Assessment-Search-Original assessments completed prior to date of search-No incriminating material is found-Assessment is bad in law.[S.36(1)(iii), 143(3)]