https://www.taxtmi.com/caselaws?id=792212 Where additions rest on documents seized from a third person, the Assessing Officer must use the reassessment framework and comply with the prescribed satisfaction and approval requirements; an assessment under section 143(3) cannot bypass that statutory route. The article notes that, for an assessment year prior to the search year, the Tribunal followed coordinate bench rulings treating third-party seized material as triggering deemed escapement only through reassessment provisions. Because the assessment in question was completed under section 143(3) on the basis of third-party documents and statements, the procedure adopted was contrary to law and the assessment was quashed. en-us Wed, 20 May 2026 00:00:00 +0530 Sat, 23 May 2026 10:31:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=792212 Where additions rest on documents seized from a third person, the Assessing Officer must use the reassessment framework and comply with the prescribed satisfaction and approval requirements; an assessment under section 143(3) cannot bypass that statutory route. The article notes that, for an assessment year prior to the search year, the Tribunal followed coordinate bench rulings treating third-party seized material as triggering deemed escapement only through reassessment provisions. Because the assessment in question was completed under section 143(3) on the basis of third-party documents and statements, the procedure adopted was contrary to law and the assessment was quashed. Case-Laws Income Tax Wed, 20 May 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=792212