https://www.taxtmi.com/caselaws?id=785866 Search warrant naming a bank account rather than the assessee substantially complied with warrant formalities and did not vitiate search under the Act, so related grounds of appeal failed. Assessment for the year of search was correctly framed under the ordinary assessment provision while preceding six years fell under special post-search procedure, so the AO's use of the ordinary provision for the year of search was upheld. Addition based solely on a definitional provision without specifying a charging provision was held unsustainable; characterisation of the amounts as business income was rejected because the taxpayer was not shown to carry a matching business, resulting in relief to the assessee. en-us Wed, 07 Jan 2026 00:00:00 +0530 Mon, 02 Feb 2026 08:20:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=785866 Search warrant naming a bank account rather than the assessee substantially complied with warrant formalities and did not vitiate search under the Act, so related grounds of appeal failed. Assessment for the year of search was correctly framed under the ordinary assessment provision while preceding six years fell under special post-search procedure, so the AO's use of the ordinary provision for the year of search was upheld. Addition based solely on a definitional provision without specifying a charging provision was held unsustainable; characterisation of the amounts as business income was rejected because the taxpayer was not shown to carry a matching business, resulting in relief to the assessee. Case-Laws Income Tax Wed, 07 Jan 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=785866