https://www.taxtmi.com/caselaws?id=181592 Income and cash credits already disclosed in the regular return for the relevant assessment year could not be treated as undisclosed income in block assessment under Chapter XIV-B. The Rajasthan HC noted that block assessment is confined to undisclosed income found on search material and, under Section 158BB, income already returned under Section 139 or disclosed in response to notices under Sections 142(1) or 148 must be reduced from the computation. Since the credits had been shown before the search, their later inclusion in block assessment was impermissible and the addition failed. en-us Fri, 04 Jul 2008 00:00:00 +0530 Wed, 20 Apr 2016 13:06:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=181592 Income and cash credits already disclosed in the regular return for the relevant assessment year could not be treated as undisclosed income in block assessment under Chapter XIV-B. The Rajasthan HC noted that block assessment is confined to undisclosed income found on search material and, under Section 158BB, income already returned under Section 139 or disclosed in response to notices under Sections 142(1) or 148 must be reduced from the computation. Since the credits had been shown before the search, their later inclusion in block assessment was impermissible and the addition failed. Case-Laws Income Tax Fri, 04 Jul 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=181592