Where incriminating material was found, the Assessing Officer could assess or reassess total income by taking into consideration such material and other material available with the Assessing Officer. The Bombay High Court noted that its earlier view in Commissioner of Income Tax vs. Continental Warehousing Corporation (Nhava Sheva) Ltd. had consequently received approval from the Supreme Court. In that earlier decision, the High Court had held that finalised assessments could not be disturbed under Section 153A where no incriminating material was found during the search. In light of the authoritative pronouncement in Abhisar Buildwell (P.) Ltd., the Bombay High Court held that the question raised by the Revenue did not arise for consideration. Accordingly, the Bombay High Court rejected the Revenue’s appeals and made no order as to costs.