Allowing the appeal the Tribunal held that as no incriminating material was found in the course of search, assessment was not abated, addition is held to be bad in law. (AY.2011-12)
Sensitive Vanijya P. Ltd. v. ACIT (2021) 86 ITR 99 (Kol.)(Trib.)
S. 153A : Assessment-Search-Share application money-No incriminating material was found-Assessment was not abated-addition is held to be bad in law. [S. 68, 132, 143(3)]