https://www.taxtmi.com/caselaws?id=68604 In block assessment proceedings, additions must be supported by incriminating material or other reliable evidence found during search; unsupported estimates and an uncorroborated statement under section 132(4) were treated as insufficient to sustain additions. Documentary evidence such as job registers, bills, confirmations and affidavits was considered relevant, and explanations for several cash items were accepted where supported by such material. Allegations of denial of natural justice in the valuation of seized assets were rejected because opportunity of hearing had been given. Certain disputes over silver items and impurity content were remanded for fresh examination on the existing record. en-us Fri, 06 Jan 2006 00:00:00 +0530 Thu, 04 Apr 2024 16:01:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=68604 In block assessment proceedings, additions must be supported by incriminating material or other reliable evidence found during search; unsupported estimates and an uncorroborated statement under section 132(4) were treated as insufficient to sustain additions. Documentary evidence such as job registers, bills, confirmations and affidavits was considered relevant, and explanations for several cash items were accepted where supported by such material. Allegations of denial of natural justice in the valuation of seized assets were rejected because opportunity of hearing had been given. Certain disputes over silver items and impurity content were remanded for fresh examination on the existing record. Case-Laws Income Tax Fri, 06 Jan 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=68604