https://www.taxtmi.com/caselaws?id=467899 In a completed or unabated assessment under section 153A of the Income-tax Act, additions can be sustained only on the basis of incriminating material found during the search; material from an earlier search relating to another entity, or material already available, is insufficient. On that principle, additions linked to alleged on-money were deleted. The separate additions of Rs. 46.25 lakh, Rs. 10 lakh and Rs. 6.10 lakh were also deleted on the facts because the cash receipt was not shown to be the assessee's income, the lease payment lacked corroboration, and the third addition had no supporting incriminating material. en-us Fri, 17 May 2024 00:00:00 +0530 Wed, 08 Apr 2026 20:27:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=467899 In a completed or unabated assessment under section 153A of the Income-tax Act, additions can be sustained only on the basis of incriminating material found during the search; material from an earlier search relating to another entity, or material already available, is insufficient. On that principle, additions linked to alleged on-money were deleted. The separate additions of Rs. 46.25 lakh, Rs. 10 lakh and Rs. 6.10 lakh were also deleted on the facts because the cash receipt was not shown to be the assessee's income, the lease payment lacked corroboration, and the third addition had no supporting incriminating material. Case-Laws Income Tax Fri, 17 May 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=467899