https://www.taxtmi.com/caselaws?id=214785 Income from M/s. Transworld International could not be assessed again in the assessee's hands once earlier proceedings had finally accepted the wife's ownership from assessment year 1997-98, and the rule of consistency required that concluded factual and legal position to be followed; the addition was deleted. A household-expenses addition could not be treated as undisclosed income in block assessment where no material was found in search and the addition rested only on estimation; it was also deleted. The order therefore affirmed deletion of both additions in favour of the assessee. en-us Fri, 22 Jun 2012 00:00:00 +0530 Mon, 09 Jul 2012 12:49:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=214785 Income from M/s. Transworld International could not be assessed again in the assessee's hands once earlier proceedings had finally accepted the wife's ownership from assessment year 1997-98, and the rule of consistency required that concluded factual and legal position to be followed; the addition was deleted. A household-expenses addition could not be treated as undisclosed income in block assessment where no material was found in search and the addition rested only on estimation; it was also deleted. The order therefore affirmed deletion of both additions in favour of the assessee. Case-Laws Income Tax Fri, 22 Jun 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=214785