https://www.taxtmi.com/caselaws?id=784852 Assessment under search and seizure examined whether incriminating material supported additions; following precedent the challenge to admissibility failed. Amounts received as student fees were found to have been offered to tax before the Settlement Commission, so they did not attract treatment as gifts or unexplained receipts and no merit-based addition was warranted. An unexplained investment claim in property was recomputed on pro rata contributions and restricted to Rs. 1,42,000. No further addition was made for land purchases already offered to tax. Amounts paid towards stamp duty and registration by relatives were not offered earlier and may be subjected to taxation by Revenue. en-us Thu, 08 Jan 2026 00:00:00 +0530 Tue, 13 Jan 2026 08:29:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=784852 Assessment under search and seizure examined whether incriminating material supported additions; following precedent the challenge to admissibility failed. Amounts received as student fees were found to have been offered to tax before the Settlement Commission, so they did not attract treatment as gifts or unexplained receipts and no merit-based addition was warranted. An unexplained investment claim in property was recomputed on pro rata contributions and restricted to Rs. 1,42,000. No further addition was made for land purchases already offered to tax. Amounts paid towards stamp duty and registration by relatives were not offered earlier and may be subjected to taxation by Revenue. Case-Laws Income Tax Thu, 08 Jan 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=784852