https://www.taxtmi.com/caselaws?id=800876 Search-based additions require corroborative evidence where a section 132(4) surrender is credibly reconciled; unsupported loose sheets and arbitrary commission extrapolation cannot alone establish undisclosed income or expenditure. Assessments of completed years under section 153A may proceed where search yields incriminating material. No section 14A disallowance arises without exempt income for the relevant year, and the 2022 Explanation is prospective. Depreciation on own-use trucks is calculated at 15% on correctly recomputed written-down value; section 35D capital employed excludes share premium but includes qualifying borrowings. Delayed-TDS interest is deductible as compensatory business expenditure. Salary, GDR expenditure and partnership-investment issues require evidence-based verification. en-us Tue, 08 Sep 2026 00:00:00 +0530 Tue, 13 Oct 2026 07:21:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=800876 Search-based additions require corroborative evidence where a section 132(4) surrender is credibly reconciled; unsupported loose sheets and arbitrary commission extrapolation cannot alone establish undisclosed income or expenditure. Assessments of completed years under section 153A may proceed where search yields incriminating material. No section 14A disallowance arises without exempt income for the relevant year, and the 2022 Explanation is prospective. Depreciation on own-use trucks is calculated at 15% on correctly recomputed written-down value; section 35D capital employed excludes share premium but includes qualifying borrowings. Delayed-TDS interest is deductible as compensatory business expenditure. Salary, GDR expenditure and partnership-investment issues require evidence-based verification. Case-Laws Income Tax Tue, 08 Sep 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=800876