https://www.taxtmi.com/circulars?id=10462 Block assessment procedure for search cases requires transfer of jurisdiction to Assistant or Deputy Commissioners (Special Range), centralized allocation in specified cities, timely notification by the ADIT to higher authorities, and preparation and forwarding of a detailed appraisal report within a prescribed period. The appraisal report must identify assessees, record search and limitation dates, summarize the basis of search, analyze disclosed income and incriminating entries, estimate undisclosed income with correlation to assets and expenditure, and propose follow-up. Seized material must be handed to the Assessing Officer and a separate register and quarterly reporting chain to the Board must be maintained. en-us Fri, 21 Jul 1995 00:00:00 +0530 Thu, 13 Mar 2025 13:08:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=10462 Block assessment procedure for search cases requires transfer of jurisdiction to Assistant or Deputy Commissioners (Special Range), centralized allocation in specified cities, timely notification by the ADIT to higher authorities, and preparation and forwarding of a detailed appraisal report within a prescribed period. The appraisal report must identify assessees, record search and limitation dates, summarize the basis of search, analyze disclosed income and incriminating entries, estimate undisclosed income with correlation to assets and expenditure, and propose follow-up. Seized material must be handed to the Assessing Officer and a separate register and quarterly reporting chain to the Board must be maintained. Circulars Income Tax Fri, 21 Jul 1995 00:00:00 +0530 https://www.taxtmi.com/circulars?id=10462