https://www.taxtmi.com/caselaws?id=271384 The Tribunal held in favor of the appellant, emphasizing that the assessing officer cannot exceed the scope of set aside proceedings. It was ruled that items assessed as undisclosed income in block assessments cannot be reassessed in regular assessment proceedings. The Tribunal directed the AO to verify claims and make decisions in accordance with the law, deleting certain disallowances and instructing reexamination of depreciation and related expenses. The appeal was treated as allowed for statistical purposes, with the decision issued on 6th Jan, 2016. en-us Wed, 06 Jan 2016 00:00:00 +0530 Tue, 02 Feb 2016 22:28:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=271384 The Tribunal held in favor of the appellant, emphasizing that the assessing officer cannot exceed the scope of set aside proceedings. It was ruled that items assessed as undisclosed income in block assessments cannot be reassessed in regular assessment proceedings. The Tribunal directed the AO to verify claims and make decisions in accordance with the law, deleting certain disallowances and instructing reexamination of depreciation and related expenses. The appeal was treated as allowed for statistical purposes, with the decision issued on 6th Jan, 2016. Case-Laws Income Tax Wed, 06 Jan 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=271384