https://www.taxtmi.com/caselaws?id=472297 In an unabated assessment under Section 153A, additions require incriminating material found during the search and a link between that material and the proposed addition. An unsecured-loan addition lacking that nexus is unsustainable. Alleged unexplained-expense additions are likewise unsustainable where seized entries are reconciled with agreements and books, verification reveals no adverse discrepancy, and the transactions represent genuine accounted business dealings. These principles support deletion of additions founded on recorded expenses or loans unconnected with incriminating search material. en-us Fri, 07 Mar 2025 00:00:00 +0530 Wed, 07 Oct 2026 13:42:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=472297 In an unabated assessment under Section 153A, additions require incriminating material found during the search and a link between that material and the proposed addition. An unsecured-loan addition lacking that nexus is unsustainable. Alleged unexplained-expense additions are likewise unsustainable where seized entries are reconciled with agreements and books, verification reveals no adverse discrepancy, and the transactions represent genuine accounted business dealings. These principles support deletion of additions founded on recorded expenses or loans unconnected with incriminating search material. Case-Laws Income Tax Fri, 07 Mar 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=472297