https://www.taxtmi.com/caselaws?id=471717 Material seized during a search of another person triggers the statutory framework for third-party search assessments under Section 153C. An ordinary assessment under Section 143(3), even where the assessee's case was centralised on the basis of such material, does not meet that framework and is invalid. Selling expenditure comprising commission and miscellaneous expenses cannot be wholly disallowed on the stated facts; the claim may be restricted where warranted. The selling-expense disallowance was limited to 10%, with the balance allowed. en-us Wed, 09 Apr 2025 00:00:00 +0530 Tue, 15 Sep 2026 19:00:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=471717 Material seized during a search of another person triggers the statutory framework for third-party search assessments under Section 153C. An ordinary assessment under Section 143(3), even where the assessee's case was centralised on the basis of such material, does not meet that framework and is invalid. Selling expenditure comprising commission and miscellaneous expenses cannot be wholly disallowed on the stated facts; the claim may be restricted where warranted. The selling-expense disallowance was limited to 10%, with the balance allowed. Case-Laws Income Tax Wed, 09 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=471717