https://www.taxtmi.com/caselaws?id=784867 In a search-related assessment, an addition for the relevant assessment year cannot be sustained when no incriminating material is found during the search. The appellate authorities had deleted the addition because the adverse view on creditworthiness arose only during the assessment proceedings, not from seized material, and the HC treated the matter as essentially fact-based. Applying the settled rule governing search assessments, the Court held that the Assessing Officer could not make the addition for that year in the absence of incriminating evidence, so the challenge to deletion failed. en-us Wed, 07 Jan 2026 00:00:00 +0530 Tue, 13 Jan 2026 08:29:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=784867 In a search-related assessment, an addition for the relevant assessment year cannot be sustained when no incriminating material is found during the search. The appellate authorities had deleted the addition because the adverse view on creditworthiness arose only during the assessment proceedings, not from seized material, and the HC treated the matter as essentially fact-based. Applying the settled rule governing search assessments, the Court held that the Assessing Officer could not make the addition for that year in the absence of incriminating evidence, so the challenge to deletion failed. Case-Laws Income Tax Wed, 07 Jan 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=784867