The existence of incriminating material is a sine qua non for the purpose of addition in the assessment under section 143(3) read with section 153A of the Income-tax Act, 1961 in respect of unabated assessments.

A dumb document does not constitute incriminating material for the purpose of assessment under section 143(3) read with section 153A of the Act.An admission has to be construed as a whole, for the purpose of its evaluation. The Department cannot adopt a pick-and-choose approach, ignoring that part of the statement which is against the Departmental interests and adopting another part of the statement which suits the Departmental interests.The statement of a third party recorded in the course of search conducted in the case of the third party cannot form the basis for the assessment under section 153A in the case of the assessee.

that no regular assessment proceedings were pending as on the date of the search for the assessment year 2012-13 . Therefore, it was an unabated assessment. That the notings in the diary recorded certain payments and receipts  That since neither were the documents speaking one nor had the Assessing Officer through investigation filled the gaps in the documents, the onus had not shifted to the assessee to discharge the rebuttal presumption raised under section 292C of the Act. (AY. 2012-13 to 2018-19)