No Income Tax Addition can be made in the Absence of Incriminating Materials in respect of Unabated Assessment: ITAT Allows Assessee’s Appeal [Read Order]

By Ipsita Das - On October 17, 2023 1:30 pm - 2 mins read

Income Tax Addition - Absence of Incriminating Materials - Unabated Assessment - ITAT Allows Assessee's Appeal - taxscan

The Delhi Bench of Income tax Appellate Tribunal (ITAT) held that the addition made towards cash deposit in bank account were made recuperation of any incriminating material found during the course of search. The assessee Sushil Singla has field the original return of income for the Assessment Year (AY) 2014-15 , for AY 2015-16 and…

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