https://www.taxtmi.com/caselaws?id=790906 In search-related assessments of completed years, additions were examined against the requirement of incriminating material found during search. The article notes that the Tribunal upheld the validity of section 153C proceedings, following later jurisdictional High Court authority, despite an earlier coordinate bench view. It also states that a deemed-dividend addition under section 2(22)(e) could not be sustained where the alleged loans and advances were already disclosed in audited accounts and no fresh incriminating material was found. The resulting position described is that the section 153C jurisdiction survived, while the deemed-dividend addition was deleted for want of incriminating material. 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 In search-related assessments of completed years, additions were examined against the requirement of incriminating material found during search. The article notes that the Tribunal upheld the validity of section 153C proceedings, following later jurisdictional High Court authority, despite an earlier coordinate bench view. It also states that a deemed-dividend addition under section 2(22)(e) could not be sustained where the alleged loans and advances were already disclosed in audited accounts and no fresh incriminating material was found. The resulting position described is that the section 153C jurisdiction survived, while the deemed-dividend addition was deleted for want of incriminating material. Case-Laws Income Tax Thu, 30 Apr 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=790906