https://www.taxtmi.com/caselaws?id=791206 In search-related income-tax proceedings, the Tribunal held that valid prior approval and recorded satisfaction were mandatory for initiating scrutiny and relying on third-party seized material; the absence of those safeguards and the defective assumption of jurisdiction rendered the notice and assessment void. Additions based on loose papers and material seized from another person also failed because the assessee was not given effective cross-examination and the documents were uncorroborated. The alleged suppressed sales, related gross profit estimate, and section 69C enhancement were deleted because they were not supported by independent evidence of unaccounted transactions or actual unexplained expenditure. en-us Thu, 30 Apr 2026 00:00:00 +0530 Thu, 07 May 2026 07:08:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=791206 In search-related income-tax proceedings, the Tribunal held that valid prior approval and recorded satisfaction were mandatory for initiating scrutiny and relying on third-party seized material; the absence of those safeguards and the defective assumption of jurisdiction rendered the notice and assessment void. Additions based on loose papers and material seized from another person also failed because the assessee was not given effective cross-examination and the documents were uncorroborated. The alleged suppressed sales, related gross profit estimate, and section 69C enhancement were deleted because they were not supported by independent evidence of unaccounted transactions or actual unexplained expenditure. Case-Laws Income Tax Thu, 30 Apr 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=791206