https://www.taxtmi.com/caselaws?id=472239 Additions for unexplained cash credits in a concluded, unabated search assessment require incriminating material actually found during the search. An investigation report alleging accommodation entries, or a statement recorded during search that is unsupported by seized material, does not meet that requirement. Expiry of the period for issuing a scrutiny notice means the assessment remains concluded; non-filing of the original return does not make it pending. Nor does a return filed in response to a search-assessment notice itself become incriminating material. Consequently, an unexplained cash-credit addition resting only on those sources is unsustainable and liable to deletion. 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=472239 Additions for unexplained cash credits in a concluded, unabated search assessment require incriminating material actually found during the search. An investigation report alleging accommodation entries, or a statement recorded during search that is unsupported by seized material, does not meet that requirement. Expiry of the period for issuing a scrutiny notice means the assessment remains concluded; non-filing of the original return does not make it pending. Nor does a return filed in response to a search-assessment notice itself become incriminating material. Consequently, an unexplained cash-credit addition resting only on those sources is unsustainable and liable to deletion. Case-Laws Income Tax Thu, 17 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=472239