https://www.taxtmi.com/caselaws?id=473020 Completed and unabated search assessments under section 153A require assessee-specific incriminating material found during the search. Documents seized from third-party premises cannot alone support additions in such assessments unless the statutory section 153C satisfaction requirement is met. Alleged on-money additions based on undated, unsigned, vague or incomplete loose sheets require independent corroboration establishing actual cash receipts. Where purchasers do not admit cash payments, bookings are cancelled, entries are notional, or figures correspond to cheque payments, loose sheets lack evidentiary value for determining undisclosed income. en-us Fri, 25 Apr 2025 00:00:00 +0530 Sat, 31 Oct 2026 17:44:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=473020 Completed and unabated search assessments under section 153A require assessee-specific incriminating material found during the search. Documents seized from third-party premises cannot alone support additions in such assessments unless the statutory section 153C satisfaction requirement is met. Alleged on-money additions based on undated, unsigned, vague or incomplete loose sheets require independent corroboration establishing actual cash receipts. Where purchasers do not admit cash payments, bookings are cancelled, entries are notional, or figures correspond to cheque payments, loose sheets lack evidentiary value for determining undisclosed income. Case-Laws Income Tax Fri, 25 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=473020