Pr. Commissionerof Incometax-5 v. L. D. Crystalspvt. Ltd

$-5 & 11 IN THE HIGH COURT OF DELHI AT NEW DELHI +ITA 1036/2017 PR. COMMISSIONEROF INCOMETAX-5 ..... Appellant Through:Mr. Rahul Chaudhary, Sr. StandingCounsel with Mr. Sanjay Kumar, Jr.Standing Counsel versus L. D. CRYSTALSPVT. LTD. Respondent Through:None. +ITA 1042/2017 PR. COMMISSIONEROF INCOMETAX-5 ..... Appellant Through:Mr. Rahul Chaudhary, Sr. StandingCounsel with Mr. Sanjay Kumar, Jr.Standing Counsel versus L.D. CRYSTALSPVT.. LTD. Respondent Through:None. CORAM:HON'BLE MR. JUSTICE S. RAVINDRA BHATHON'BLE MR. JUSTICE SANJEEV SACHDEVA ORDER %22.11.2017 CM No. 42256/2017 (Exemption) in ITA 1042/2017 Allowed,subjectto all just exceptions. CM No. 42257/2017 (condonation of delay) in ITA 1042/2017 For the reasons stated in the application,the delay in re-filingthe appealis condoned.The applicationstandsdisposedof. In these appeals under Section 260A of theIncome Tax Act,the assessee was subjected to search proceedingsand later theassessmentwascompletedunderSection253Aandsubstantialamounts were added in the assessmentmade. The ITAT ultimately held that the additions were not justified,onapplicationoftheinterpretationtotheprovisionsin'Commissionerof Income Tax Vs. KabulC/zaw/a', 380 ITR 573(Del.).Since no incriminating material was seized during the search,the Court in Kabul Chawla\ 380 ITR 573 (Del.), had ruled that in theabsenceof any incriminatingmaterial,theassessmentfinalizedoriginally could not be reopened. Having regard to the above circumstances,there is no merit inthe appeal. The appeals are dismissed. LwJLvfi^''S. RAVINDRA BHAT, J NOVEMBER 22, 2017 iV SACHDEVA, J