https://www.taxtmi.com/caselaws?id=253626 The High Court upheld the Tribunal's decision regarding the treatment of Rs. 13,62,865 as undisclosed income for the block period, rejecting the revenue's argument that it was not undisclosed income. The Court affirmed that the incriminating evidence found during a search justified the notice under Section 158BD. Additionally, the Court dismissed the appeal, finding that the invocation of Section 158BD was appropriate and that the order passed under it was legally sound. en-us Tue, 18 Nov 2014 00:00:00 +0530 Thu, 27 Nov 2014 13:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=253626 The High Court upheld the Tribunal's decision regarding the treatment of Rs. 13,62,865 as undisclosed income for the block period, rejecting the revenue's argument that it was not undisclosed income. The Court affirmed that the incriminating evidence found during a search justified the notice under Section 158BD. Additionally, the Court dismissed the appeal, finding that the invocation of Section 158BD was appropriate and that the order passed under it was legally sound. Case-Laws Income Tax Tue, 18 Nov 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=253626