2017 (11) TMI 1677 - HC - Income Tax

Addition made under Section 153A - Held that - Addition made under Section 153A were set aside by the Tribunal, on application of the decision in Commissioner of Income Tax Vs. Kabul Chawla (2015 (9) TMI 80 - DELHI HIGH COURT ). It was held that in the absence of any incriminating material concerning such additions found during the search proceedings, the matter, which was examined earlier in the assessment proceedings, could not be reopened. The Court notices that besides above, for another year, the Revenue s appeal was rejected ( Pr. Commissioner of Income Tax (Central)-2 Vs. Ram Narain Jindal 2017 (10) TMI 1349 - DELHI HIGH COURT

Summary

The High Court of Delhi allowed exemptions in two cases, ITA 1020/2017 and ITA 1023/2017, subject to exceptions. The Tribunal set aside additions made under Section 153A citing 'Commissioner of Income Tax Vs. Kabul Chawla'. The Court dismissed the appeals as no substantial question of law arose, referencing another rejected appeal in 'Pr. Commissioner of Income Tax (Central)-2 Vs. Ram Narain Jindal'.