![Absence of Incriminating Material for order u/s 153A of the Income Tax Act: Delhi HC dismisses Appeal [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/Incriminating-Material-Income-Tax-Act-Delhi-HC-dismisses-TAXSCAN.jpg "Absence of Incriminating Material for order u/s 153A of the Income Tax Act: Delhi HC dismisses Appeal [Read Order]")
Absence of Incriminating Material for order u/s 153A of the Income Tax Act: Delhi HC dismisses Appeal [Read Order]
A Division Bench of the Delhi High Court dismissed appeal in the absence of incriminating material for an order passed under Section 153A of the...
![Addition of Capital Gain u/s 68 as Unexplained Cash Credit without incriminating material is not permissible: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Capital-Gain-Unexplained-Cash-Credit-ITAT-taxscan.jpeg "Addition of Capital Gain u/s 68 as Unexplained Cash Credit without incriminating material is not permissible: ITAT [Read Order]")
![Proceedings u/s 153 cant Invalidate without examining incriminating material found in Search: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/incriminating-material-ITAT-taxscan.jpeg "Proceedings u/s 153 cant Invalidate without examining incriminating material found in Search: ITAT [Read Order]")
![No Incriminating Material Unearthed during Search: ITAT confirms Deletion of Addition made u/s 153A [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/No-Incriminating-material-ITAT-taxscan.jpeg "No Incriminating Material Unearthed during Search: ITAT confirms Deletion of Addition made u/s 153A [Read Order]")
![No Fresh Addition can be made for Assessment already Completed after Proper Enquiry on absence of Incriminating Material: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/addition-assessment-proper-enquiry-incriminating-material-ITAT-TAXSCAN.jpg "No Fresh Addition can be made for Assessment already Completed after Proper Enquiry on absence of Incriminating Material: ITAT [Read Order]")
![No Scope for Extrapolate and Estimate Undisclosed Income for Block Assessment Proceedings: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/Undisclosed-Income-Block-Assessment-Proceedings-ITAT-Taxscan.jpeg "No Scope for Extrapolate and Estimate Undisclosed Income for Block Assessment Proceedings: ITAT [Read Order]")
Addition in respect of Penny Stock cannot be made without Incriminating Material found during Search: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT) Mumbai bench has held that long term capital gains arising from a penny stock transaction cannot be denied exemption under the Income Tax Act, 1961 on the...
![Addition in respect of Penny Stock cannot be made without Incriminating Material found during Search: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/03/Addition-Penny-Stock-Incriminating-Material-ITAT-Taxscan.jpg "Addition in respect of Penny Stock cannot be made without Incriminating Material found during Search: ITAT [Read Order]")
If Incriminating material seized from personal assistant of Assessee, then Constructive Possession must be attributed: Madras HC [Read Order]
The Madurai Bench of Madras High Court ruled that if incriminating material was seized from the personal assistant of the assessee, then constructive possession must be attributed to the assessee. ...
![If Incriminating material seized from personal assistant of Assessee, then Constructive Possession must be attributed: Madras HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/04/incriminating-material-seized-personal-assistant-assessee-constructive-possession-Madras-High-Court-Taxscan.jpeg "If Incriminating material seized from personal assistant of Assessee, then Constructive Possession must be attributed: Madras HC [Read Order]")
![No Addition in absence of Incriminating Material during Search: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/03/incriminating-material-search-ITAT-Taxscan.jpg "No Addition in absence of Incriminating Material during Search: ITAT [Read Order]")
![Document already available with AO not an ‘Incriminating Material’: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/12/Document-Taxscan.jpg "Document already available with AO not an ‘Incriminating Material’: ITAT [Read Order]")
Supreme Court Stays HC Judgment Allowing Assessment where no Incriminating Material was Found during Search [Read Order]
The Supreme Court, on last week stayed the operation of the Delhi High Court’s judgment in Dayavanti Gupta vs. CIT wherein the Court confirmed block assessment even in the absence of incriminating...
![Supreme Court Stays HC Judgment Allowing Assessment where no Incriminating Material was Found during Search [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/08/Supreme-Court-of-India-Taxscan.jpg "Supreme Court Stays HC Judgment Allowing Assessment where no Incriminating Material was Found during Search [Read Order]")
Data Retrieved from the Laptop of CA cannot be used as an Incriminating Material against Assessee: CESTAT [Read Order]
The CESTAT, Chandigarh in Mahalaxmi Distilleries v. CCE, Rohtak, held that the data retrieved from the laptop of the Chartered Accountant (CA) cannot be a sole basis for demand against the assesse...
![Data Retrieved from the Laptop of CA cannot be used as an Incriminating Material against Assessee: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/08/Laptop-of-Chartered-Accountant.jpg "Data Retrieved from the Laptop of CA cannot be used as an Incriminating Material against Assessee: CESTAT [Read Order]")