https://www.taxtmi.com/caselaws?id=774463 Additions in a search assessment under section 153A cannot be sustained where no incriminating material is found or seized during the search. The assessment additions here were based on material already reflected in the regular books and return records, including the alleged Form 26AS discrepancy and share capital entries, rather than on search-derived evidence. The appellate authorities found that no incriminating material relating to the assessee emerged from the search, so the additions lacked the required link to search proceedings and were not maintainable. en-us Thu, 03 Jul 2025 00:00:00 +0530 Wed, 09 Jul 2025 08:50:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=774463 Additions in a search assessment under section 153A cannot be sustained where no incriminating material is found or seized during the search. The assessment additions here were based on material already reflected in the regular books and return records, including the alleged Form 26AS discrepancy and share capital entries, rather than on search-derived evidence. The appellate authorities found that no incriminating material relating to the assessee emerged from the search, so the additions lacked the required link to search proceedings and were not maintainable. Case-Laws Income Tax Thu, 03 Jul 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=774463