https://www.taxtmi.com/caselaws?id=781417 Search assessments require incriminating material with a demonstrable nexus to the assessee, and third-party seized documents or uncorroborated admissions cannot support broad additions without independent linkage. A delayed retraction does not erase the evidentiary value of a search statement unless supported by cogent proof of coercion or duress. Turnover-wide extrapolation, arbitrary gross profit enhancement, and ad hoc under-invoicing estimates were rejected where the record justified only a limited transaction-specific adjustment. The section 80IA disallowance failed for want of changed facts, the section 153D approval challenge failed as the approval was not mechanical, and the depreciation issue on the power plant was remitted for fresh adjudication. en-us Thu, 27 Feb 2025 00:00:00 +0530 Sat, 15 Nov 2025 07:56:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=781417 Search assessments require incriminating material with a demonstrable nexus to the assessee, and third-party seized documents or uncorroborated admissions cannot support broad additions without independent linkage. A delayed retraction does not erase the evidentiary value of a search statement unless supported by cogent proof of coercion or duress. Turnover-wide extrapolation, arbitrary gross profit enhancement, and ad hoc under-invoicing estimates were rejected where the record justified only a limited transaction-specific adjustment. The section 80IA disallowance failed for want of changed facts, the section 153D approval challenge failed as the approval was not mechanical, and the depreciation issue on the power plant was remitted for fresh adjudication. Case-Laws Income Tax Thu, 27 Feb 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=781417