https://www.taxtmi.com/caselaws?id=282369 In search assessment matters, protective additions may be converted into substantive additions where the assessee was already aware of the controversy and no new factual basis is introduced beyond the scope of the original dispute. Seized material must, however, support each addition independently: unsupported estimates for land, project payments, cash deposits, share application money and director advances can be sustained only to the extent corroborated by documents, withdrawals or verified books, with the remainder deleted or remitted for verification. Alleged hundi transactions require proof of a real hundi instrument, while loose sheets and diary notings alone do not satisfy section 69D or section 68. Uncorroborated loose papers describing Dubai dealings were treated as dumb documents and could not justify additions without a clear nexus to the assessee. en-us Tue, 17 May 2016 00:00:00 +0530 Mon, 05 Aug 2019 20:16:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=282369 In search assessment matters, protective additions may be converted into substantive additions where the assessee was already aware of the controversy and no new factual basis is introduced beyond the scope of the original dispute. Seized material must, however, support each addition independently: unsupported estimates for land, project payments, cash deposits, share application money and director advances can be sustained only to the extent corroborated by documents, withdrawals or verified books, with the remainder deleted or remitted for verification. Alleged hundi transactions require proof of a real hundi instrument, while loose sheets and diary notings alone do not satisfy section 69D or section 68. Uncorroborated loose papers describing Dubai dealings were treated as dumb documents and could not justify additions without a clear nexus to the assessee. Case-Laws Income Tax Tue, 17 May 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=282369