https://www.taxtmi.com/caselaws?id=801161 Completed or unabated assessments under Section 153A may be disturbed only on incriminating material found during the assessee's search that directly relates to the proposed addition. Material obtained through later enquiries, bank analysis, spot verification or third-party searches cannot satisfy that jurisdictional requirement. Unsecured loan credits supported by banking channels, lender confirmations and records, financial documentation, and subsequent banking-channel repayments establish transaction genuineness and lender creditworthiness. Consequently, the loan additions and related interest disallowances do not survive where no qualifying search material exists and the principal loan credits are not sustained. en-us Tue, 29 Sep 2026 00:00:00 +0530 Fri, 16 Oct 2026 05:20:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=801161 Completed or unabated assessments under Section 153A may be disturbed only on incriminating material found during the assessee's search that directly relates to the proposed addition. Material obtained through later enquiries, bank analysis, spot verification or third-party searches cannot satisfy that jurisdictional requirement. Unsecured loan credits supported by banking channels, lender confirmations and records, financial documentation, and subsequent banking-channel repayments establish transaction genuineness and lender creditworthiness. Consequently, the loan additions and related interest disallowances do not survive where no qualifying search material exists and the principal loan credits are not sustained. Case-Laws Income Tax Tue, 29 Sep 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=801161