https://www.taxtmi.com/caselaws?id=785130 Extrapolation of income from a list seized during a survey must be confined to the incriminating material found; additions based on uncorroborated extrapolation across other months are impermissible. The decision clarifies that absent corroborative evidence by the assessing officer, no presumption of similar payments in other periods can be drawn, rendering broad extrapolative additions unsustainable. Consequently, the impugned addition was restricted to the specific amount recorded in the seized document, which was treated as unexplained income and taxed accordingly under the applicable unexplained income provisions. en-us Thu, 15 Jan 2026 00:00:00 +0530 Sat, 17 Jan 2026 08:45:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=785130 Extrapolation of income from a list seized during a survey must be confined to the incriminating material found; additions based on uncorroborated extrapolation across other months are impermissible. The decision clarifies that absent corroborative evidence by the assessing officer, no presumption of similar payments in other periods can be drawn, rendering broad extrapolative additions unsustainable. Consequently, the impugned addition was restricted to the specific amount recorded in the seized document, which was treated as unexplained income and taxed accordingly under the applicable unexplained income provisions. Case-Laws Income Tax Thu, 15 Jan 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=785130