Additions Can't Be Made In Cases Of Unabated Assessments Without Incriminating Material: Mumbai ITAT

In a recent Mumbai ITAT case, additions made during unabated assessments were upheld due to incriminating material found during the search. The tribunal affirmed that the Assessing Officer's actions were justified under Section 153C, as the seized documents revealed undisclosed income. The taxpayer's plea for deletion of additions was dismissed, emphasizing the importance of proper documentation and compliance with income tax laws to avoid such penalties.