https://www.taxtmi.com/caselaws?id=788463 Additions founded only on entries in the seized Hazir Johri software could not be sustained in the assessee's hands where the data was recovered from a third party and no independent corroboration linked the entries to the assessee. The presumption from seized material applied against the searched person, not automatically against another person under section 153C. In the absence of supporting evidence such as bills, vouchers, invoices, stock records or other proof of a reliable nexus, the alleged cash transactions, peak balance and estimated profit could not be assessed against the assessee. The appeal was allowed. en-us Fri, 06 Feb 2026 00:00:00 +0530 Thu, 19 Mar 2026 17:34:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=788463 Additions founded only on entries in the seized Hazir Johri software could not be sustained in the assessee's hands where the data was recovered from a third party and no independent corroboration linked the entries to the assessee. The presumption from seized material applied against the searched person, not automatically against another person under section 153C. In the absence of supporting evidence such as bills, vouchers, invoices, stock records or other proof of a reliable nexus, the alleged cash transactions, peak balance and estimated profit could not be assessed against the assessee. The appeal was allowed. Case-Laws Income Tax Fri, 06 Feb 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=788463