Held that appeal the addition of Rs. 50 lakhs was not based on any incriminating material found at the time of search. Therefore, the Assessing Officer was directed to delete the addition.(AY.2005-06)
Poonam Promoters And Developers P. Ltd. v. Asst. CIT (2024)110 ITR 28 (SN) (Delhi)(Trib)
S. 153A: Assessment-Search-No incriminating material is found-Addition is deleted. [S. 148]