M/S. Ganpati Sugar Ltd., New Delhi vs Acit, New Delhi on 15 July, 2019
Similar view has
been taken by the Tribunal in other group concerns, namely, Smt. Harneet Kaur vs.
ACIT, in ITA No.6626/Del/2016, order dated 25.02.2019, Shri Satinder Singh Madhok
vs. ACIT and batch of appeals, vide common order dated 21st February,2017 and
Satinder Singh Madhok vs. ACIT in ITA No.976/Del/2015, order dated 31st July, 2018,
assessment year 2006-07. She accordingly submitted that since no incriminating
material was found during the course of search and the entire addition has been made
on the basis of post search enquiries, therefore, the Assessing Officer could not have
made any addition. So far as the merit of the case is concerned, she relied on the order
of the CIT(A).