Tribunal admitted the additional ground and held that, assessment was completed on date of search and no incriminating material found. AO has no jurisdiction to frame the assessment. (AY. 2003-04 to 2005-06)
Flex Engineering Ltd v. DCIT (2019) 70 ITR 417 (Delhi) (Trib.)
S. 153A : Assessment–Search-Assessment completed on date of search–Additional ground raised before Tribunal -No incriminating material found-No jurisdiction to frame the assessment. [S. 69C, 254(1)]