https://www.taxtmi.com/caselaws?id=787925 Search-triggered assessment rules under section 153A require pending assessments to abate under the second proviso, while additions for unabated years must rest on incriminating material found during the search. Project expenditure written off after abandonment may be revenue expenditure where it forms part of an existing business and creates no enduring asset. Alleged suppressed sales require cogent evidence, and reconciliations supported by underlying records may address differences in reported sales. Prior-period expenses, written-off sales tax or VAT, and sundry balances may qualify under section 37(1) where a business nexus and profit-and-loss recognition are established. en-us Mon, 16 Feb 2026 00:00:00 +0530 Sat, 14 Mar 2026 08:36:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=787925 Search-triggered assessment rules under section 153A require pending assessments to abate under the second proviso, while additions for unabated years must rest on incriminating material found during the search. Project expenditure written off after abandonment may be revenue expenditure where it forms part of an existing business and creates no enduring asset. Alleged suppressed sales require cogent evidence, and reconciliations supported by underlying records may address differences in reported sales. Prior-period expenses, written-off sales tax or VAT, and sundry balances may qualify under section 37(1) where a business nexus and profit-and-loss recognition are established. Case-Laws Income Tax Mon, 16 Feb 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=787925