https://www.taxtmi.com/caselaws?id=446655 Additions based on incriminating material from search and seizure proceedings concerning third parties could not be sustained in a regular scrutiny assessment under section 143(3). The applicable mechanism was the search-assessment framework under sections 153A and 153C, and the pending assessment stood displaced to that extent. On that basis, the assessment order was treated as bad in law and quashed in favour of the assessee. en-us Tue, 05 Dec 2023 00:00:00 +0530 Fri, 08 Dec 2023 07:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=446655 Additions based on incriminating material from search and seizure proceedings concerning third parties could not be sustained in a regular scrutiny assessment under section 143(3). The applicable mechanism was the search-assessment framework under sections 153A and 153C, and the pending assessment stood displaced to that extent. On that basis, the assessment order was treated as bad in law and quashed in favour of the assessee. Case-Laws Income Tax Tue, 05 Dec 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=446655