Dismissing the appeal of the Revenue the Court held that the Tribunal, upon the appreciation of documents on record, concluded that documents referred to by the Assessing Officer as ‘incriminating’ were admittedly not found from the address of assessee. The order of Tribunal was affirmed. (AY. 2010-11)
PCIT v. Suman Agarwal (2023) 290 Taxman 301 (Delhi)(HC)
S. 153A : Assessment-Search or requisition-No incriminating material was found-Deletion of addition by the Tribunal was justified. [S. 132, 69B]