THE PRINCIPAL COMMISSIONER OF INCOME TAX AND ANR. vs. ROHIT KARAN JAIN

Bench: HONOURABLE THE CHIEF JUSTICE,HONOURABLE MR. JUSTICE KAUSHIK GOSWAMI

7. The relevant portions of the judgment passed by the Commissioner of Income Tax (Appeals) are reproduced hereunder: “The present legal position is that, in an assessment under Section 153A, in absence of any "incriminating material", the completed assessment has to be reiterated. In other words, the completed assessment connot be disturbed in the absence of "Incriminating material”. Even