Addition u/s 153C should be based on Incriminating Materials found during Search: ITAT [Read Order]

Addition - Incriminating Materials - Search - ITAT - taxscan

The Income Tax Appellate Tribunal (ITAT), Delhi bench has deleted an addition under section 153C of the Income Tax Act, 1961 on the ground that the addition was not on the basis of incriminating materials found as a result of search. The assessee, an individual, approached the Tribunal against the proceedings under section 153C of…

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