https://www.taxtmi.com/caselaws?id=470563 Under Section 153A, completed or unabated assessments may be disturbed only on the basis of incriminating material unearthed during the search; additions founded solely on regular records are unsustainable. Where assessment proceedings are pending and abate on the search date, the Assessing Officer may determine total income using all material on record and is not confined to seized material. Additional evidence concerning expenditure, tax deduction and loan creditors may be admitted where necessary for a complete determination of income and reasonable opportunity, with the matter remitted for fresh adjudication. en-us Mon, 24 Mar 2025 00:00:00 +0530 Fri, 31 Jul 2026 08:27:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=470563 Under Section 153A, completed or unabated assessments may be disturbed only on the basis of incriminating material unearthed during the search; additions founded solely on regular records are unsustainable. Where assessment proceedings are pending and abate on the search date, the Assessing Officer may determine total income using all material on record and is not confined to seized material. Additional evidence concerning expenditure, tax deduction and loan creditors may be admitted where necessary for a complete determination of income and reasonable opportunity, with the matter remitted for fresh adjudication. Case-Laws Income Tax Mon, 24 Mar 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=470563