No Income Tax Addition U/S 153A and 153C If No Incriminating Material is found during course of Search: Delhi HC [Read Order]

section 153A - section 153C - incriminating material - Delhi High Court - Taxscan

The division bench of the Delhi High Court has held that no addition under sections 153A and 153C if no incriminating material is found during the course of the search. Based on the search operation against M/s K.R. Pulp and Papers Limited, notice under Section 153A of the Act was issued by the Assessing Officer…

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