Assessment u/s 153A - Addition u/s 69 - Ld. AO himself did not ...

Court Rules No Addition u/s 69: Lack of Seized Material in Assessment u/s 153A.

February 10, 2023

Case Laws Income Tax AT

Assessment u/s 153A - Addition u/s 69 - Ld. AO himself did not have with him any seized material and what he had was merely information. The electronic evidences allegedly recovered from the CFO of Indiabulls Group had never reached the hands of the ld. AO. The co-terminus power of Ld. CIT(A) to put to the assessee can only stand to the material available on record - No additions - AT

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Assessment u/s 153A - Addition u/s 69 - Ld. AO himself did not ...

Court Rules No Addition u/s 69: Lack of Seized Material in Assessment u/s 153A.

February 10, 2023

Case Laws Income Tax AT

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