https://www.taxtmi.com/circulars?id=8776 Concealed income appearing in accounts is ordinarily taxed in the year of appearance but may be spread over to earlier years when evidence indicates earlier earning; ordinary spreads are confined to a short multi year period, longer spreads require sufficient material showing earlier earning, and any spread beyond the longer prescribed temporal limit must have prior board approval to prevent assessable income from escaping assessment. en-us Sat, 26 Dec 1970 00:00:00 +0530 Thu, 26 May 2011 17:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=8776 Concealed income appearing in accounts is ordinarily taxed in the year of appearance but may be spread over to earlier years when evidence indicates earlier earning; ordinary spreads are confined to a short multi year period, longer spreads require sufficient material showing earlier earning, and any spread beyond the longer prescribed temporal limit must have prior board approval to prevent assessable income from escaping assessment. Circulars Income Tax Sat, 26 Dec 1970 00:00:00 +0530 https://www.taxtmi.com/circulars?id=8776