Dismissing the appeal of the Revenue the Court held that the assessments having been completed prior to the date of search and no incriminating documents or materials having been found and seized from the assessee at the time of search no addition could be made thereunder since they were non-abated assessments. Followed, CIT v. Kabul Chawla (2016) 380 ITR 573 (Delhi)(HC)
PCIT v.LKG Builders Pvt. Ltd. (2023)455 ITR 520 (Delhi)(HC) Editorial : Affirmed PCIT v.Abhisar Buildwell P. Ltd (2023)454 ITR 212 (SC)
S. 153A : Assessment-Search-Block assessment-Non-abated assessments-No incriminating materials was found-Addition cannot be made. [S. 132]