https://www.taxtmi.com/caselaws?id=151914 Section 158BD can be invoked against a person other than the searched person where seized material from the search gives a prima facie basis to believe undisclosed income belongs to that person, even if the search was not on that person's premises. In block assessment, however, undisclosed income under sections 158B(b) and 158BB must be computed only from seized evidence or other material available to the Assessing Officer. Cash credits, gifts, estimated marriage expenses and inadequate drawings could not be treated as undisclosed income without incriminating material, and amounts already disclosed in earlier returns or trial balances were not reopenable on conjecture. en-us Wed, 01 Dec 1999 00:00:00 +0530 Wed, 19 Jun 2013 14:59:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=151914 Section 158BD can be invoked against a person other than the searched person where seized material from the search gives a prima facie basis to believe undisclosed income belongs to that person, even if the search was not on that person's premises. In block assessment, however, undisclosed income under sections 158B(b) and 158BB must be computed only from seized evidence or other material available to the Assessing Officer. Cash credits, gifts, estimated marriage expenses and inadequate drawings could not be treated as undisclosed income without incriminating material, and amounts already disclosed in earlier returns or trial balances were not reopenable on conjecture. Case-Laws Income Tax Wed, 01 Dec 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=151914