https://www.taxtmi.com/caselaws?id=71583 In block assessment, undisclosed income under section 158BB must be computed harmoniously with section 158BH, so Chapter VI-A deductions, including section 80-I, remain allowable unless expressly excluded. The assessee succeeded on this issue because a literal exclusion would produce unintended double taxation. Amounts represented by bogus purchase vouchers could not be taxed as undisclosed income where they were not entered in the regular books before the due date for filing the return, so Rs. 34,38,673 was deleted. The plea of double taxation on Rs. 15 lakhs failed because credit had already been given in computation, and the claim for set-off of losses from assessment years 1988-89 and 1989-90 was rejected as it did not change the net undisclosed income. en-us Mon, 06 Mar 2000 00:00:00 +0530 Mon, 25 Apr 2011 17:36:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=71583 In block assessment, undisclosed income under section 158BB must be computed harmoniously with section 158BH, so Chapter VI-A deductions, including section 80-I, remain allowable unless expressly excluded. The assessee succeeded on this issue because a literal exclusion would produce unintended double taxation. Amounts represented by bogus purchase vouchers could not be taxed as undisclosed income where they were not entered in the regular books before the due date for filing the return, so Rs. 34,38,673 was deleted. The plea of double taxation on Rs. 15 lakhs failed because credit had already been given in computation, and the claim for set-off of losses from assessment years 1988-89 and 1989-90 was rejected as it did not change the net undisclosed income. Case-Laws Income Tax Mon, 06 Mar 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=71583