https://www.taxtmi.com/caselaws?id=326518 In block assessment under Chapter XIV-B, additions are sustainable only when supported by material found in search and within the scope of valid search authorisation. Jewellery and silver utensils in a locker jointly held by the assessee and his wife could not be taxed where the warrant covered only the residential premises and did not extend to the locker, so that addition was deleted. Likewise, additions for household goods could not stand because no search material showed unexplained investment or expenditure, and mere conjecture could not justify undisclosed income treatment. The assessee therefore obtained full relief. en-us Fri, 04 Mar 2016 00:00:00 +0530 Tue, 05 Apr 2016 14:36:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=326518 In block assessment under Chapter XIV-B, additions are sustainable only when supported by material found in search and within the scope of valid search authorisation. Jewellery and silver utensils in a locker jointly held by the assessee and his wife could not be taxed where the warrant covered only the residential premises and did not extend to the locker, so that addition was deleted. Likewise, additions for household goods could not stand because no search material showed unexplained investment or expenditure, and mere conjecture could not justify undisclosed income treatment. The assessee therefore obtained full relief. Case-Laws Income Tax Fri, 04 Mar 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=326518