https://www.taxtmi.com/caselaws?id=795612 Completed or unabated assessments under Section 153A may be disturbed only on the basis of incriminating material unearthed during the search. Where documents used to recharacterise flat-sale proceeds as business income were already contained in regular books and no incriminating material supported the addition, that addition was impermissible. The same restriction applies to an interest-expenditure disallowance not founded on seized incriminating material. The stated principle is that search assessments for completed years cannot sustain additions based solely on material already available in regular records. en-us Fri, 17 Jul 2026 00:00:00 +0530 Fri, 24 Jul 2026 08:36:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=795612 Completed or unabated assessments under Section 153A may be disturbed only on the basis of incriminating material unearthed during the search. Where documents used to recharacterise flat-sale proceeds as business income were already contained in regular books and no incriminating material supported the addition, that addition was impermissible. The same restriction applies to an interest-expenditure disallowance not founded on seized incriminating material. The stated principle is that search assessments for completed years cannot sustain additions based solely on material already available in regular records. Case-Laws Income Tax Fri, 17 Jul 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=795612