https://www.taxtmi.com/caselaws?id=71877 Salary and interest received from a firm could not be treated as undisclosed income in block assessment where the firm had already disclosed those payments in its return, tax audit report and statement of income before the search. The definition of undisclosed income under section 158B(b) requires income not disclosed for the purposes of the Act, and no incriminating material was found during search to support the addition. The fact that the assessee's own return was not filed in time did not convert already disclosed receipts into undisclosed income. The deletion of the addition was upheld. en-us Tue, 28 Oct 2003 00:00:00 +0530 Wed, 27 Apr 2011 16:14:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=71877 Salary and interest received from a firm could not be treated as undisclosed income in block assessment where the firm had already disclosed those payments in its return, tax audit report and statement of income before the search. The definition of undisclosed income under section 158B(b) requires income not disclosed for the purposes of the Act, and no incriminating material was found during search to support the addition. The fact that the assessee's own return was not filed in time did not convert already disclosed receipts into undisclosed income. The deletion of the addition was upheld. Case-Laws Income Tax Tue, 28 Oct 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=71877