AdvertisementGhata Mehandipur Balaji Griding Works Pvt. Ltd. Vs PCIT (Supreme Court of India) The matter arose from assessments framed under Section 153A of the Income-tax Act, 1961 following search operations conducted under Section 132. The controversy concerned whether assessments or reassessments under Section 153A could be sustained in concluded assessment years and whether the Income Tax Appellate Tribunal (ITAT) was justified in deleting additions on the ground that no incriminating material had been found during the search. The Supreme Court considered Special Leave Petitions against the Allahabad ...