https://www.taxtmi.com/caselaws?id=472503 Unabated assessments under section 153A require incriminating material found during the assessee's own search; third-party material must be addressed through section 153C after prescribed satisfaction. Prior approval under section 153D requires independent, year-specific and assessee-specific consideration of the material and draft assessment orders, rather than a combined mechanical approval. Assessments based on third-party seized material cannot be framed under section 153A or section 144 without following section 153C, including application of its relevant block-period rules. Where an assessment lacks these statutory foundations, penalties arising solely from it do not survive. en-us Tue, 22 Apr 2025 00:00:00 +0530 Wed, 14 Oct 2026 13:28:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=472503 Unabated assessments under section 153A require incriminating material found during the assessee's own search; third-party material must be addressed through section 153C after prescribed satisfaction. Prior approval under section 153D requires independent, year-specific and assessee-specific consideration of the material and draft assessment orders, rather than a combined mechanical approval. Assessments based on third-party seized material cannot be framed under section 153A or section 144 without following section 153C, including application of its relevant block-period rules. Where an assessment lacks these statutory foundations, penalties arising solely from it do not survive. Case-Laws Income Tax Tue, 22 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=472503