https://www.taxtmi.com/caselaws?id=71565 In block assessment, additions for suppressed sales must be based on seized material and cannot be extrapolated to periods unsupported by search evidence unless the record indicates incompleteness. Suppressed food sales recorded in a diary were not attributable to the assessee's beer bar because the dining business operated separately and the beer bar lacked cooking facilities; the related sales and gross-profit addition was deleted. Suppressed liquor sales were confined to the diary period rather than estimated for entire assessment years. Declared average gross-profit rates were accepted instead of a higher estimated rate, with credit for undisclosed income already declared; only the excess could be added. en-us Fri, 21 Jul 2000 00:00:00 +0530 Tue, 17 May 2016 12:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=71565 In block assessment, additions for suppressed sales must be based on seized material and cannot be extrapolated to periods unsupported by search evidence unless the record indicates incompleteness. Suppressed food sales recorded in a diary were not attributable to the assessee's beer bar because the dining business operated separately and the beer bar lacked cooking facilities; the related sales and gross-profit addition was deleted. Suppressed liquor sales were confined to the diary period rather than estimated for entire assessment years. Declared average gross-profit rates were accepted instead of a higher estimated rate, with credit for undisclosed income already declared; only the excess could be added. Case-Laws Income Tax Fri, 21 Jul 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=71565