https://www.taxtmi.com/caselaws?id=470668 Assessment based on material seized from another person must proceed under Section 153C, not Section 153A, where no incriminating material is found from the assessee; an alleged partnership does not change that statutory position. The notes further state that uncorroborated seized documents, not constituting regular books or transaction records, cannot establish undisclosed income or expenditure against another person. The rebuttable presumption under Section 132(4A) applies to the person from whose possession the material was recovered and cannot alone support additions against the assessee. Selective reliance on parts of such unverified material is impermissible. en-us Fri, 30 Jun 2023 00:00:00 +0530 Tue, 04 Aug 2026 11:35:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=470668 Assessment based on material seized from another person must proceed under Section 153C, not Section 153A, where no incriminating material is found from the assessee; an alleged partnership does not change that statutory position. The notes further state that uncorroborated seized documents, not constituting regular books or transaction records, cannot establish undisclosed income or expenditure against another person. The rebuttable presumption under Section 132(4A) applies to the person from whose possession the material was recovered and cannot alone support additions against the assessee. Selective reliance on parts of such unverified material is impermissible. Case-Laws Income Tax Fri, 30 Jun 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=470668