https://www.taxtmi.com/caselaws?id=62049 Block assessment under Chapter XIV-B is confined to undisclosed income and cannot be used to convert ordinary disallowances or income already assessed in regular proceedings into block-period additions. The Tribunal also found that the assessee had not been given an adequate opportunity to produce confirmation evidence and substantiate certain credits and expenditure claims, and the material required fresh verification. The assessment was therefore set aside and remitted to the Assessing Officer for fresh consideration after giving the assessee a further opportunity to adduce evidence. en-us Tue, 17 Nov 1998 00:00:00 +0530 Mon, 17 Jan 2011 18:23:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=62049 Block assessment under Chapter XIV-B is confined to undisclosed income and cannot be used to convert ordinary disallowances or income already assessed in regular proceedings into block-period additions. The Tribunal also found that the assessee had not been given an adequate opportunity to produce confirmation evidence and substantiate certain credits and expenditure claims, and the material required fresh verification. The assessment was therefore set aside and remitted to the Assessing Officer for fresh consideration after giving the assessee a further opportunity to adduce evidence. Case-Laws Income Tax Tue, 17 Nov 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=62049