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<h1>Block assessment taxes undisclosed income at flat 60% plus applicable surcharge under special search/requisition assessment provision</h1> For block assessments arising from searches, the total undisclosed income of the block period as determined under the special block-assessment provision is taxed at a flat rate of sixty percent; that tax is further increased by any surcharge levied under applicable central law. The provision applies specifically to income identified for the block period under the relevant search/requisition assessment rules.