https://www.taxtmi.com/caselaws?id=206309 The Tribunal set aside the block assessment order challenged by Revenue, ruling that income disclosed through TDS and advance tax payments cannot be considered undisclosed income. The Tribunal emphasized the importance of timely filing returns and tax payments in distinguishing between disclosed and undisclosed income for block assessment purposes. The decision aligned with previous court precedents and dismissed Revenue's appeal, affirming that once TDS and advance tax were paid, the income was considered disclosed, not undisclosed. en-us Wed, 27 Jul 2011 00:00:00 +0530 Mon, 26 Mar 2012 14:53:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=206309 The Tribunal set aside the block assessment order challenged by Revenue, ruling that income disclosed through TDS and advance tax payments cannot be considered undisclosed income. The Tribunal emphasized the importance of timely filing returns and tax payments in distinguishing between disclosed and undisclosed income for block assessment purposes. The decision aligned with previous court precedents and dismissed Revenue's appeal, affirming that once TDS and advance tax were paid, the income was considered disclosed, not undisclosed. Case-Laws Income Tax Wed, 27 Jul 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=206309