https://www.taxtmi.com/caselaws?id=387514 In a search assessment under section 153A, completed years cannot be disturbed without incriminating material linked to the additions, while search-based material can support reassessment for other years. A retracted statement under section 132(4) is only corroborative evidence and cannot, by itself, sustain an addition without independent verification. Penalty under section 271(1)(c) follows the fate of the quantum addition and survives only to the extent the related income addition remains unexplained. Cash found during search was sustained as unexplained, whereas issues concerning FDRs, agricultural income, and rental income required factual verification or telescoping, and additional evidence was rejected for non-compliance with Rule 46A. en-us Mon, 21 Oct 2019 00:00:00 +0530 Thu, 24 Oct 2019 09:46:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=387514 In a search assessment under section 153A, completed years cannot be disturbed without incriminating material linked to the additions, while search-based material can support reassessment for other years. A retracted statement under section 132(4) is only corroborative evidence and cannot, by itself, sustain an addition without independent verification. Penalty under section 271(1)(c) follows the fate of the quantum addition and survives only to the extent the related income addition remains unexplained. Cash found during search was sustained as unexplained, whereas issues concerning FDRs, agricultural income, and rental income required factual verification or telescoping, and additional evidence was rejected for non-compliance with Rule 46A. Case-Laws Income Tax Mon, 21 Oct 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=387514