Block period for other persons in search cases is tailored to the span of undisclosed income. Section 295 is amended to clarify the block period for other persons in search or requisition cases. If the undisclosed income relates only to the period from the tax year immediately preceding the year of initiation up to the date of initiation, the block period includes the specified year and the period from 1 April of the relevant tax year until the last authorisation. If it relates to a single tax year out of the five preceding the specified year, the block period is limited to that year, notwithstanding section 301(a).
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Block period for other persons in search cases is tailored to the span of undisclosed income.
Section 295 is amended to clarify the block period for other persons in search or requisition cases. If the undisclosed income relates only to the period from the tax year immediately preceding the year of initiation up to the date of initiation, the block period includes the specified year and the period from 1 April of the relevant tax year until the last authorisation. If it relates to a single tax year out of the five preceding the specified year, the block period is limited to that year, notwithstanding section 301(a).
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