Held that where no incriminating material was found during search, addition made by Assessing Officer on account of undisclosed income is directed to be deleted. (AY. 2005-06)
Poonam Promoters and Developers (P.) Ltd. v. ACIT (2024) 205 ITD 534 (Delhi) (Trib.)
S. 153A: Assessment-Search-No incriminating material was found during search-Addition is deleted.[S. 132]