https://www.taxtmi.com/caselaws?id=787786 Uncorroborated statements recorded during search proceedings under Section 132(4) cannot alone justify treating alleged accommodation entries as commission income; the note clarifies that admissions from third parties must be supported by specific seized or independent incriminating material before attribution to an assessee. Where assessing and appellate authorities relied solely on such statements without independent linking material or corroboration, estimation of commission and resultant additions are unsustainable and liable to be set aside. The practical effect is that assessments framed on uncorroborated search statements should be quashed absent supporting seized evidence. en-us Wed, 18 Feb 2026 00:00:00 +0530 Tue, 10 Mar 2026 17:35:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=787786 Uncorroborated statements recorded during search proceedings under Section 132(4) cannot alone justify treating alleged accommodation entries as commission income; the note clarifies that admissions from third parties must be supported by specific seized or independent incriminating material before attribution to an assessee. Where assessing and appellate authorities relied solely on such statements without independent linking material or corroboration, estimation of commission and resultant additions are unsustainable and liable to be set aside. The practical effect is that assessments framed on uncorroborated search statements should be quashed absent supporting seized evidence. Case-Laws Income Tax Wed, 18 Feb 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=787786