https://www.taxtmi.com/caselaws?id=177068 Reliance on a sworn statement alone does not suffice to establish undisclosed income in block assessment; confessional statements must be corroborated by material recovered during search or independent evidence, failing which their evidentiary value is doubtful, and additions predicated solely on such statements cannot be sustained. The lack of seized incriminating material or documentary support for alleged understatement of property values meant the addition representing unexplained construction cost difference could not be justified, resulting in deletion of the Rs. 12 lakhs addition in the block assessment. en-us Thu, 29 Apr 2010 00:00:00 +0530 Fri, 30 Jan 2026 14:43:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=177068 Reliance on a sworn statement alone does not suffice to establish undisclosed income in block assessment; confessional statements must be corroborated by material recovered during search or independent evidence, failing which their evidentiary value is doubtful, and additions predicated solely on such statements cannot be sustained. The lack of seized incriminating material or documentary support for alleged understatement of property values meant the addition representing unexplained construction cost difference could not be justified, resulting in deletion of the Rs. 12 lakhs addition in the block assessment. Case-Laws Income Tax Thu, 29 Apr 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=177068