Dismissing the appeal of the Revenue the Court held that in the absence of no incriminating materials were found during the search, addition cannot be in respect of completed or Unabated assessment. Order of Tribunal is affirmed. (AY. 2012 13)
PCIT v. Shardaben Arvindbhai Patel (2024) 470 ITR 332 (Guj) (HC)
S. 153A: Assessment-Search-No incriminating materials were found-Addition cannot be in respect of completed or Unabated assessment.[s. 55, 68 69C 132]
Leave a Reply