https://www.taxtmi.com/caselaws?id=261957 In block assessment proceedings under Chapter XIV-B, only undisclosed income detected from evidence found as a result of search, or material relatable to that evidence, can be assessed. The Assessing Officer must establish a nexus between the search material and the addition; mere unexplained credit entries in a disclosed bank account, without such linkage, fall within regular assessment and cannot be treated as undisclosed income. Additions made solely on that basis were unsustainable, and the finding in favour of the assessee was upheld. en-us Mon, 20 Jul 2015 00:00:00 +0530 Sat, 07 Nov 2015 15:53:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=261957 In block assessment proceedings under Chapter XIV-B, only undisclosed income detected from evidence found as a result of search, or material relatable to that evidence, can be assessed. The Assessing Officer must establish a nexus between the search material and the addition; mere unexplained credit entries in a disclosed bank account, without such linkage, fall within regular assessment and cannot be treated as undisclosed income. Additions made solely on that basis were unsustainable, and the finding in favour of the assessee was upheld. Case-Laws Income Tax Mon, 20 Jul 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=261957