https://www.taxtmi.com/caselaws?id=791684 Additions under section 153C require incriminating material found in search proceedings; where the assessment is based only on cash deposits in a bank account and not on seized documents or data, the statutory foundation for the action fails. On those facts, the assessment under section 153C was held invalid and the addition was not sustained in favour of the assessee. en-us Thu, 09 Apr 2026 00:00:00 +0530 Fri, 15 May 2026 09:15:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=791684 Additions under section 153C require incriminating material found in search proceedings; where the assessment is based only on cash deposits in a bank account and not on seized documents or data, the statutory foundation for the action fails. On those facts, the assessment under section 153C was held invalid and the addition was not sustained in favour of the assessee. Case-Laws Income Tax Thu, 09 Apr 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=791684