Additions on the basis of material seized during the search in...

Additions on the basis of material seized during the search in case of third party without adhering to the provisions of section 153C - The tribunal found that the AO had improperly used documents seized from third parties to make additions to the assessee's income. This was ruled inappropriate and beyond the scope of the authority provided under the Income Tax Act, as the procedures laid out under Section 153C (dealing with income or assets discovered in the course of search operations that belong to persons other than the searched party) were not followed.