Fact-check notes
Last fact-checked: 2026-05-30
Tax caution: AY 2026-27 covers FY 2025-26 and continues under the Income-tax Act, 1961. Tax Year 2026-27 and new-form references should be verified against official utilities before filing.
Use this page as preparation guidance. A professional should verify the active law year, notification, portal utility and source records before filing or taking a tax position.
What this covers
Income tax search and seizure cases need calm evidence management, statement discipline and post-search assessment planning with a specialist.
- Verify warrant and officer identity.
- Keep a copy of panchnama and seized item list.
- Statements given during search can become evidence.
- Post-search assessment can reopen multiple years and needs document-level reconciliation.
Who this is for
- Business searched by income tax department.
- Family with seized jewellery/cash questions.
- Taxpayer receiving post-search notices.
- CA/advocate preparing assessment response.
Documents and data to verify
- Search warrant and panchnama.
- Seized document/device inventory.
- Statements recorded.
- Returns, books, bank statements and asset proof.
Common mistakes to avoid
- Making unsupported surrender statements.
- No copy of seized records list.
- Ignoring post-search notices.
- Trying to explain assets without source evidence.
How to proceed
- Confirm the applicable financial year, assessment year, taxpayer type, state and portal status before acting.
- Reconcile portal data with books, AIS/Form 26AS, GST returns, contracts, invoices, bank statements and source documents.
- Prepare a written computation, checklist, filing note or response with assumptions clearly stated.
- Download acknowledgements, challans, workings and evidence after filing or submission.
FAQs
Can WorkIndex help with this?
Yes. Post the facts and documents; relevant experts can quote for filing, advisory, reconciliation, registration, appeal support or ongoing compliance.
Is this page final legal advice?
No. Use it to prepare. A professional should verify the active law year, notification, portal utility and records before filing or taking a tax position.
What should I mention while posting?
Mention the year, state, form, deadline, amount involved, documents available, portal status and whether you need filing, correction, advisory or representation.