https://www.taxtmi.com/caselaws?id=797960 Additional legal grounds challenging extended search-assessment jurisdiction are admissible where they are purely legal, go to the root of assessment validity, require no fresh facts, and arise from the assessment record. For years beyond the ordinary six-year period, the fourth proviso to Section 153A(1) permits action only when material reveals escaped income represented by a qualifying asset and meeting the prescribed threshold. Additions based solely on alleged on-money receipts, without identifying escaped income represented by such an asset, cannot support extended-period notices or assessments. The extended-period assessments were therefore void from inception, and all relevant assessments were quashed. en-us Mon, 24 Aug 2026 00:00:00 +0530 Mon, 31 Aug 2026 08:28:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=797960 Additional legal grounds challenging extended search-assessment jurisdiction are admissible where they are purely legal, go to the root of assessment validity, require no fresh facts, and arise from the assessment record. For years beyond the ordinary six-year period, the fourth proviso to Section 153A(1) permits action only when material reveals escaped income represented by a qualifying asset and meeting the prescribed threshold. Additions based solely on alleged on-money receipts, without identifying escaped income represented by such an asset, cannot support extended-period notices or assessments. The extended-period assessments were therefore void from inception, and all relevant assessments were quashed. Case-Laws Income Tax Mon, 24 Aug 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=797960