Search Additions Invalid Without Direct Link to Assessee and Corroborating Evidence; Statements Alone Insufficient.

Search Additions Invalid Without Direct Link to Assessee and Corroborating Evidence; Statements Alone Insufficient. https://www.taxtmi.com/highlights?id=49511 Additions based on declaration made during the course of search - Surrender for various group concerns and not specifically for the assessee - Additions cannot be sustained merely on the basis of statement given during the course of search without correlating the addition with the incriminating seized material. - AT en-us Fri, 27 Sep 2019 07:58:21 +0530 Fri, 27 Sep 2019 07:58:21 +0530 TaxTMI RSS Generator Search Additions Invalid Without Direct Link to Assessee and Corroborating Evidence; Statements Alone Insufficient. https://www.taxtmi.com/highlights?id=49511 Additions based on declaration made during the course of search - Surrender for various group concerns and not specifically for the assessee - Additions cannot be sustained merely on the basis of statement given during the course of search without correlating the addition with the incriminating seized material. - AT Highlights Income Tax Fri, 27 Sep 2019 07:58:21 +0530 https://www.taxtmi.com/highlights?id=49511