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1 - 5 of 5 (0.30 seconds)Deputy Commissioner Of Income-Tax vs U.P. Straw & Agro Products Ltd. on 25 August, 2000
In the case of
CIT vs. Murli Agro Products Ltd (Bombay High Court) in INCOME TAX
APPEAL NO.36 of 2009 dated 29/10/2010., the same view has been affirmed
by the Hon'ble Jurisdictional High Court . Having regards to the facts of the
instant case in the light of the ratio laid down by the decisions of the
jurisdictional High Court in the case laws referred to above , we set aside
the order of the ld.CIT(A) and direct the AO to delete the addition as there
is no jurisdiction to make addition u/s 153A of the Act without incriminating
materials being found during search when the assessment has attained
finality on the date of search. Since we have already decided the legal and
technical issue raised by the assessee inn his favour, the other grounds
raised on merit become academic in nature and therefore require no
adjudication. The appeal of the assessee stands allowed.
The Coinage Act, 2011
Section 132 in The Income Tax Act, 1961 [Entire Act]
The Income Tax Act, 1961
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