https://www.taxtmi.com/caselaws?id=240095 Protective additions in an assessee's hands cannot be sustained once the corresponding substantive additions in the searched third party's case are deleted, unless independent corroborative material supports the allegation of undisclosed income. Where the additions rest only on seized documents and statements linked to the third party search, and no separate evidence is brought against the assessee, the protective assessment has no independent footing and must fail. The presumption from seized material is not enough by itself to uphold the addition without reliable corroboration. en-us Thu, 07 Feb 2013 00:00:00 +0530 Mon, 11 Nov 2013 11:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=240095 Protective additions in an assessee's hands cannot be sustained once the corresponding substantive additions in the searched third party's case are deleted, unless independent corroborative material supports the allegation of undisclosed income. Where the additions rest only on seized documents and statements linked to the third party search, and no separate evidence is brought against the assessee, the protective assessment has no independent footing and must fail. The presumption from seized material is not enough by itself to uphold the addition without reliable corroboration. Case-Laws Income Tax Thu, 07 Feb 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=240095