https://www.taxtmi.com/caselaws?id=472759 In unabated assessments under sections 153A and 153C, additions concerning unsecured loans must rest on incriminating material found during the search and directly related to the proposed addition. Post-search enquiries, lender-related information and a standalone statement recorded during search do not supply that foundation. Seized records that merely reflect loans already recorded in regular books and disclosed in the original return are not incriminating. A notation suggesting repayment cannot establish cash repayment without corroborative evidence or lender enquiry. Accordingly, unsecured-loan additions cannot be sustained solely through post-search challenges to lender genuineness or cash-credit evidence. en-us Thu, 30 Oct 2025 00:00:00 +0530 Fri, 23 Oct 2026 19:01:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=472759 In unabated assessments under sections 153A and 153C, additions concerning unsecured loans must rest on incriminating material found during the search and directly related to the proposed addition. Post-search enquiries, lender-related information and a standalone statement recorded during search do not supply that foundation. Seized records that merely reflect loans already recorded in regular books and disclosed in the original return are not incriminating. A notation suggesting repayment cannot establish cash repayment without corroborative evidence or lender enquiry. Accordingly, unsecured-loan additions cannot be sustained solely through post-search challenges to lender genuineness or cash-credit evidence. Case-Laws Income Tax Thu, 30 Oct 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=472759