https://www.taxtmi.com/caselaws?id=790906 Search-related assessments for completed years require incriminating material found during search to support additions. Information already disclosed in audited financial statements and balance sheets is ordinary record material and cannot sustain additions in such assessments. Section 153C jurisdiction remains valid where later binding jurisdictional precedent displaces an earlier contrary coordinate-bench view. Applying these principles, deemed-dividend additions based on disclosed loans and advances cannot survive without fresh incriminating material, while the validity of the section 153C proceedings is unaffected. en-us Thu, 30 Apr 2026 00:00:00 +0530 Sat, 02 May 2026 07:40:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=790906 Search-related assessments for completed years require incriminating material found during search to support additions. Information already disclosed in audited financial statements and balance sheets is ordinary record material and cannot sustain additions in such assessments. Section 153C jurisdiction remains valid where later binding jurisdictional precedent displaces an earlier contrary coordinate-bench view. Applying these principles, deemed-dividend additions based on disclosed loans and advances cannot survive without fresh incriminating material, while the validity of the section 153C proceedings is unaffected. Case-Laws Income Tax Thu, 30 Apr 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=790906