https://www.taxtmi.com/caselaws?id=175279 Block assessment under Chapter XIV-B is limited to undisclosed income detected as a result of search, so additions cannot rest on material unconnected with the search. Bank statements not recovered during search could not support block assessment additions because they were not found as search material. Likewise, gifts already disclosed in regular returns could not be treated as undisclosed income where only gift deeds and affidavits were found during search and no incriminating material showed the gifts to be bogus; post-search inquiry and suspicion were insufficient. The Tribunal's deletion of both additions was therefore upheld. en-us Fri, 29 Aug 2008 00:00:00 +0530 Thu, 30 Oct 2025 15:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=175279 Block assessment under Chapter XIV-B is limited to undisclosed income detected as a result of search, so additions cannot rest on material unconnected with the search. Bank statements not recovered during search could not support block assessment additions because they were not found as search material. Likewise, gifts already disclosed in regular returns could not be treated as undisclosed income where only gift deeds and affidavits were found during search and no incriminating material showed the gifts to be bogus; post-search inquiry and suspicion were insufficient. The Tribunal's deletion of both additions was therefore upheld. Case-Laws Income Tax Fri, 29 Aug 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=175279