Facts of the Case
The Revenue (Appellant) filed appeals before the Delhi High
Court against the order of the Income Tax Appellate Tribunal (ITAT) dated
12.10.2022 concerning Assessment Years (AYs) 2009-10, 2011-12, and 2013-14.
The Tribunal had held that no incriminating material was
found during the search proceedings relating to the relevant assessment
years. Additionally, the assessments for these years were already completed/unabated
assessments.
The Revenue challenged the Tribunal’s findings, leading to the
present appeals.
Issues Involved
- Whether
additions can be made under Section 153A in respect of completed/unabated
assessments without any incriminating material found during search.
- Whether
the issue is already settled by binding judicial precedents.
Petitioner’s (Revenue’s) Arguments
- The
Revenue sought to challenge the ITAT’s order and justify additions made
during assessment proceedings.
- It
was contended that the Tribunal erred in deleting additions.
However, during arguments, the Revenue fairly conceded:
- No
incriminating material was found during search for the relevant AYs.
- The
issue is covered by binding precedent.
Respondent’s Arguments
- The
Respondent (Assessee) relied on settled legal position that:
- In
absence of incriminating material, no addition can be made under
Section 153A for completed assessments.
- Relied
on judicial precedents confirming this principle.
Court’s Findings / Order
The Delhi High Court held:
- The
issue is squarely covered by the judgment in
CIT v. Kabul Chawla - The
above principle has been affirmed by the Supreme Court in
PCIT v. Abhisar Buildwell - Since:
- No
incriminating material was found, and
- The
assessments were completed,
No substantial question of law arises.
Final Order
- All
appeals filed by the Revenue were dismissed/closed.
Important Clarification
- For completed
(unabated) assessments, additions under Section 153A:
Cannot be made without incriminating material found during search - This
principle is now settled law and binding across jurisdictions.
Link to download the order -https://delhihighcourt.nic.in/app/showFileJudgment/60827072023ITA4032023_120346.pdf
Disclaimer
This content is shared strictly for general information and knowledge purposes only. Readers should independently verify the information from reliable sources. It is not intended to provide legal, professional, or advisory guidance. The author and the organisation disclaim all liability arising from the use of this content. The material has been prepared with the assistance of AI tools.
0 Comments
Leave a Comment