https://www.taxtmi.com/caselaws?id=151969 Income already declared in returns filed before a search cannot be treated as undisclosed income for Chapter XIV-B merely because those returns were belated or otherwise ineffective for regular assessment. The block assessment machinery under section 158BB operates only where undisclosed income exists in the statutory sense under section 158B(b), meaning income not disclosed or not likely to have been disclosed for the purposes of the Act. If the search does not uncover fresh income and the amounts were already disclosed before the search, the jurisdictional basis for block assessment is absent. Any ancillary issue on Chapter VI-A deductions becomes irrelevant once the assessment itself is annulled. en-us Thu, 23 Apr 1998 00:00:00 +0530 Thu, 20 Jun 2013 14:56:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=151969 Income already declared in returns filed before a search cannot be treated as undisclosed income for Chapter XIV-B merely because those returns were belated or otherwise ineffective for regular assessment. The block assessment machinery under section 158BB operates only where undisclosed income exists in the statutory sense under section 158B(b), meaning income not disclosed or not likely to have been disclosed for the purposes of the Act. If the search does not uncover fresh income and the amounts were already disclosed before the search, the jurisdictional basis for block assessment is absent. Any ancillary issue on Chapter VI-A deductions becomes irrelevant once the assessment itself is annulled. Case-Laws Income Tax Thu, 23 Apr 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=151969