https://www.taxtmi.com/caselaws?id=789700 Search-related additions based on third-party diaries, unsigned or unregistered documents, loose sheets and chat extracts were deleted where no independent corroboration linked the material to the assessees, and banking records showed the property purchase was recorded through regular channels. Presumptions under sections 132(4A) and 292C were held confined to the person from whose possession the material was seized and did not, by themselves, justify additions against third parties. Protective additions for alleged unaccounted purchases and related profit element were also deleted for want of concrete linkage, while stock-deficiency additions were sustained on unreconciled physical shortfall. Additions for bullion and unexplained expenditure were deleted, but undisclosed rental income was sustained on a credible statement under section 132(4). en-us Wed, 08 Apr 2026 00:00:00 +0530 Mon, 13 Apr 2026 07:52:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=789700 Search-related additions based on third-party diaries, unsigned or unregistered documents, loose sheets and chat extracts were deleted where no independent corroboration linked the material to the assessees, and banking records showed the property purchase was recorded through regular channels. Presumptions under sections 132(4A) and 292C were held confined to the person from whose possession the material was seized and did not, by themselves, justify additions against third parties. Protective additions for alleged unaccounted purchases and related profit element were also deleted for want of concrete linkage, while stock-deficiency additions were sustained on unreconciled physical shortfall. Additions for bullion and unexplained expenditure were deleted, but undisclosed rental income was sustained on a credible statement under section 132(4). Case-Laws Income Tax Wed, 08 Apr 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=789700