https://www.taxtmi.com/caselaws?id=787146 Where books, documents or information seized from a third person pertained or related to the assessee, the proper statutory route is proceedings under section 153C read with section 153A, which overrides sections including 147/148; reopening under section 147/148 on that seized material was therefore invalid and the reassessment was quashed. Appellate deletion of additions under the principles applicable to cash credits (identity, genuineness and creditworthiness) and the disallowance of interest was sustained, although materially effected by the quashing of reassessment. Procedural objections to the objections order and timing were not found to vitiate proceedings on the facts. en-us Thu, 08 Jan 2026 00:00:00 +0530 Fri, 27 Feb 2026 08:36:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=787146 Where books, documents or information seized from a third person pertained or related to the assessee, the proper statutory route is proceedings under section 153C read with section 153A, which overrides sections including 147/148; reopening under section 147/148 on that seized material was therefore invalid and the reassessment was quashed. Appellate deletion of additions under the principles applicable to cash credits (identity, genuineness and creditworthiness) and the disallowance of interest was sustained, although materially effected by the quashing of reassessment. Procedural objections to the objections order and timing were not found to vitiate proceedings on the facts. Case-Laws Income Tax Thu, 08 Jan 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=787146