https://www.taxtmi.com/caselaws?id=472241 Section 148 permitted reassessment for the relevant assessment year within six years from its end where escaped income exceeded the prescribed threshold. A document seized from a person's custody attracts a statutory presumption of ownership and truth of its contents; the person must rebut that presumption with credible supporting material. Assertions that the seized document or transaction belonged to a family member require confirmation, disclosed returns, books of account, or other substantiating evidence. An assessment is not invalid merely on a Document Identification Number objection where departmental records comply with the applicable requirement. en-us Thu, 17 Apr 2025 00:00:00 +0530 Mon, 05 Oct 2026 19:38:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=472241 Section 148 permitted reassessment for the relevant assessment year within six years from its end where escaped income exceeded the prescribed threshold. A document seized from a person's custody attracts a statutory presumption of ownership and truth of its contents; the person must rebut that presumption with credible supporting material. Assertions that the seized document or transaction belonged to a family member require confirmation, disclosed returns, books of account, or other substantiating evidence. An assessment is not invalid merely on a Document Identification Number objection where departmental records comply with the applicable requirement. Case-Laws Income Tax Thu, 17 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=472241