https://www.taxtmi.com/caselaws?id=756761 For an unabated assessment year, additions under section 153A cannot be sustained unless search yields incriminating material showing undisclosed income or assets. Where the materials relied upon are already reflected in the regular books and returned figures, and no seized document or other incriminating material is found, completed assessments cannot be disturbed under section 153A; the additions, including deemed dividend and capital gains adjustments, were deleted as the jurisdictional foundation failed. en-us Tue, 06 Aug 2024 00:00:00 +0530 Thu, 08 Aug 2024 09:12:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=756761 For an unabated assessment year, additions under section 153A cannot be sustained unless search yields incriminating material showing undisclosed income or assets. Where the materials relied upon are already reflected in the regular books and returned figures, and no seized document or other incriminating material is found, completed assessments cannot be disturbed under section 153A; the additions, including deemed dividend and capital gains adjustments, were deleted as the jurisdictional foundation failed. Case-Laws Income Tax Tue, 06 Aug 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=756761