{"id":45311,"date":"2024-08-16T10:04:20","date_gmt":"2024-08-16T04:34:20","guid":{"rendered":"https:\/\/itatonline.org\/digest\/acit-v-n-m-industries-p-ltd-2023108-itr-618-tribdelhitrib-acit-v-mohit-nidhi-agro-oil-p-ltd-2023108-itr-618-tribdelhitrib\/"},"modified":"2024-08-16T10:04:20","modified_gmt":"2024-08-16T04:34:20","slug":"acit-v-n-m-industries-p-ltd-2023108-itr-618-tribdelhitrib-acit-v-mohit-nidhi-agro-oil-p-ltd-2023108-itr-618-tribdelhitrib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/acit-v-n-m-industries-p-ltd-2023108-itr-618-tribdelhitrib-acit-v-mohit-nidhi-agro-oil-p-ltd-2023108-itr-618-tribdelhitrib\/","title":{"rendered":"ACIT v.N. M. Industries P. Ltd (2023)108 ITR 618 (Trib)(Delhi)(Trib) ACIT v Mohit Nidhi Agro Oil P. Ltd. (2023)108 ITR 618 (Trib)(Delhi)(Trib)"},"content":{"rendered":"<p><em>\u00a0<\/em><\/p>\n<p>Held that when no incriminating material was found,addition cannot be made merely on basis of book entries already disclosed to Department.\u00a0 Tribunal also held that when a \u00a0warrant of authorisation had been issued in the name of the assessee and a panchnama had also been duly drawn. Hence, it could not be said that no search had been conducted. The Commissioner (Appeals) had fallen into error to that extent..(AY.2009-10, 2011-12, 2012-13)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 153A : Assessment-Search-Unabated assessment-No incriminating material was found-Addition merely on basis of book entries already disclosed to Department  is unsustainable&#8211;Warrant of  authorisation issued  and panchnama drawn-Cannot be said that no search has been conducted.  [S. 132, 133A, 153C]  <\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[],"class_list":["post-45311","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-bMP","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/45311","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=45311"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/45311\/revisions"}],"predecessor-version":[{"id":45312,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/45311\/revisions\/45312"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=45311"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=45311"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=45311"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}