https://www.taxtmi.com/caselaws?id=381813 A concluded assessment that had attained finality under section 143(3) could not be disturbed under section 153A in the absence of incriminating material found during search. The addition was based on post-search enquiry and statements recorded after the search, but no seized material showed undisclosed investment or on-money payment. The settled principle applied is that completed assessments may be interfered with only on the basis of material unearthed during search, or material having a nexus with such seized material; post-search enquiry material alone is insufficient to sustain the addition. en-us Thu, 16 May 2019 00:00:00 +0530 Mon, 01 Jul 2019 18:06:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=381813 A concluded assessment that had attained finality under section 143(3) could not be disturbed under section 153A in the absence of incriminating material found during search. The addition was based on post-search enquiry and statements recorded after the search, but no seized material showed undisclosed investment or on-money payment. The settled principle applied is that completed assessments may be interfered with only on the basis of material unearthed during search, or material having a nexus with such seized material; post-search enquiry material alone is insufficient to sustain the addition. Case-Laws Income Tax Thu, 16 May 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=381813