https://www.taxtmi.com/caselaws?id=256590 An unsigned, undated and unaddressed seized document, unsupported by independent corroboration, could not by itself justify block assessment additions; section 132(4A) presumption could not be applied mechanically without proof of nexus and control. The property-related addition was excluded because the transactions fell outside the block period and the concurrent factual findings were not disturbed. A valuation-based addition was also not sustained because block assessment could not proceed on valuation alone without incriminating material, and the related Section 80HHE relief was left undisturbed on concurrent factual findings. The additions were therefore held unsustainable on the facts and law governing block assessment. en-us Mon, 09 Feb 2015 00:00:00 +0530 Fri, 21 Nov 2025 11:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=256590 An unsigned, undated and unaddressed seized document, unsupported by independent corroboration, could not by itself justify block assessment additions; section 132(4A) presumption could not be applied mechanically without proof of nexus and control. The property-related addition was excluded because the transactions fell outside the block period and the concurrent factual findings were not disturbed. A valuation-based addition was also not sustained because block assessment could not proceed on valuation alone without incriminating material, and the related Section 80HHE relief was left undisturbed on concurrent factual findings. The additions were therefore held unsustainable on the facts and law governing block assessment. Case-Laws Income Tax Mon, 09 Feb 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=256590