https://www.taxtmi.com/caselaws?id=468736 In an abated search assessment under section 153A, fresh deduction claims may be raised, but entitlement to deductions such as 32AC and 80JJAA must still be verified on facts, so the claims were remanded for examination. A revised deduction under section 80IA based on corrected captive power purchase rates and internal CUP was allowed to be recomputed on verified figures. A disallowance under section 14A could not be added to book profit under section 115JB, so that adjustment was deleted. Valuation-based and cash-loan related additions, including alleged brokerage, interest and estimated undisclosed profit, were either restored for fresh valuation or deleted where they rested on conjecture or uncorroborated material. en-us Mon, 12 Aug 2024 00:00:00 +0530 Tue, 19 May 2026 16:14:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=468736 In an abated search assessment under section 153A, fresh deduction claims may be raised, but entitlement to deductions such as 32AC and 80JJAA must still be verified on facts, so the claims were remanded for examination. A revised deduction under section 80IA based on corrected captive power purchase rates and internal CUP was allowed to be recomputed on verified figures. A disallowance under section 14A could not be added to book profit under section 115JB, so that adjustment was deleted. Valuation-based and cash-loan related additions, including alleged brokerage, interest and estimated undisclosed profit, were either restored for fresh valuation or deleted where they rested on conjecture or uncorroborated material. Case-Laws Income Tax Mon, 12 Aug 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=468736