https://www.taxtmi.com/caselaws?id=69603 In block assessment of undisclosed income, income not disclosed within the relevant time was taxable under section 158B(b), and computation under section 158BB(1)(c) had to use the due date under section 139(1), not the extended period under section 139(4). The normal basic exemption limit applicable to annual assessments was inapplicable, and tax on block-period undisclosed income was chargeable at the special rate under section 113. The claim for relief under section 88 also failed for want of supporting material, so the addition was sustained as undisclosed income. en-us Thu, 30 Apr 1998 00:00:00 +0530 Thu, 07 Apr 2011 18:43:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=69603 In block assessment of undisclosed income, income not disclosed within the relevant time was taxable under section 158B(b), and computation under section 158BB(1)(c) had to use the due date under section 139(1), not the extended period under section 139(4). The normal basic exemption limit applicable to annual assessments was inapplicable, and tax on block-period undisclosed income was chargeable at the special rate under section 113. The claim for relief under section 88 also failed for want of supporting material, so the addition was sustained as undisclosed income. Case-Laws Income Tax Thu, 30 Apr 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=69603