No addition in case of unabated assessment if no incrimination material was found during search proceedings

INCOME TAX : In case of unabated assessment of an assessee, no addition is permissible in order under section 153A unless it is based on any incriminating material found during course of search. Where none of the documents found in course of search initiated in year 2015-16 for assessment year 2011-12 in case of assessee-company, even remotely suggest that source of investment made in assessment year remained unexplained and I no incriminating material was found during search against said invest

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