https://www.taxtmi.com/caselaws?id=792510 In completed assessments under section 153A, additions are sustainable only when supported by incriminating material having a live nexus with undisclosed income; a loose sheet or sub-lease agreement showing disclosed or already explained transactions does not by itself justify additions. The document also states that lease rental receipts from a multiplex complex may be assessed as business income where the arrangement reflects commercial exploitation of a specialised business asset, not mere passive ownership-based letting. It further notes that mechanical treatment of such receipts as house property income is incorrect when the factual setting shows structured commercial activity. en-us Tue, 26 May 2026 00:00:00 +0530 Fri, 29 May 2026 08:59:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=792510 In completed assessments under section 153A, additions are sustainable only when supported by incriminating material having a live nexus with undisclosed income; a loose sheet or sub-lease agreement showing disclosed or already explained transactions does not by itself justify additions. The document also states that lease rental receipts from a multiplex complex may be assessed as business income where the arrangement reflects commercial exploitation of a specialised business asset, not mere passive ownership-based letting. It further notes that mechanical treatment of such receipts as house property income is incorrect when the factual setting shows structured commercial activity. Case-Laws Income Tax Tue, 26 May 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=792510