https://www.taxtmi.com/caselaws?id=64603 In block assessment under Chapter XIV-B, additions could not be sustained where they rested only on a different view of recorded transactions relating to sale of agricultural land and development , because completed assessments had already been made and no search material showed undisclosed income; such use would amount to reopening concluded matters. The additions based on the assessee's specific surrender during search-related proceedings were, however, sustainable because the admissions were detailed, repeated and linked to seized documents showing unexplained expenditure, jewellery and unaccounted commission. The principle stated is that block assessment is confined to undisclosed income unearthed in search, but a supported admission of undisclosed income can validly justify an addition. en-us Tue, 29 Feb 2000 00:00:00 +0530 Tue, 08 Feb 2011 18:35:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=64603 In block assessment under Chapter XIV-B, additions could not be sustained where they rested only on a different view of recorded transactions relating to sale of agricultural land and development , because completed assessments had already been made and no search material showed undisclosed income; such use would amount to reopening concluded matters. The additions based on the assessee's specific surrender during search-related proceedings were, however, sustainable because the admissions were detailed, repeated and linked to seized documents showing unexplained expenditure, jewellery and unaccounted commission. The principle stated is that block assessment is confined to undisclosed income unearthed in search, but a supported admission of undisclosed income can validly justify an addition. Case-Laws Income Tax Tue, 29 Feb 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=64603