https://www.taxtmi.com/caselaws?id=789488 Search-related assessments were examined for compliance with statutory approval requirements, with the record indicating no demonstrably valid transmission and verification of the seized and appraisal material before approval; the assessments were therefore treated as invalid in law. For assessment years 2021-22 and 2022-23, the post-search regime was applied, and reassessment under section 147 read with section 148 was considered the proper framework rather than section 143(3). The Tribunal also accepted partial relief on unexplained property investment where the seized document reflected a lower figure, and directed telescoping of cash in the individual's hands against cash already assessed in the company to avoid double addition. en-us Fri, 27 Mar 2026 00:00:00 +0530 Wed, 08 Apr 2026 16:57:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=789488 Search-related assessments were examined for compliance with statutory approval requirements, with the record indicating no demonstrably valid transmission and verification of the seized and appraisal material before approval; the assessments were therefore treated as invalid in law. For assessment years 2021-22 and 2022-23, the post-search regime was applied, and reassessment under section 147 read with section 148 was considered the proper framework rather than section 143(3). The Tribunal also accepted partial relief on unexplained property investment where the seized document reflected a lower figure, and directed telescoping of cash in the individual's hands against cash already assessed in the company to avoid double addition. Case-Laws Income Tax Fri, 27 Mar 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=789488