https://www.taxtmi.com/caselaws?id=189256 The appeal was partly allowed as several additions were deleted based on the interpretation of 'undisclosed income' under section 158B(b) and the application of section 158BB. The tribunal emphasized the importance of evidence found during the search and the proper application of legal provisions in determining undisclosed income. The tribunal clarified that income disclosed in regular returns cannot be taxed under Chapter XIV-B unless it qualifies as undisclosed income. Deductions under section 88 were allowed in accordance with section 158BH. en-us Mon, 12 Nov 2001 00:00:00 +0530 Tue, 03 Jan 2017 16:00:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=189256 The appeal was partly allowed as several additions were deleted based on the interpretation of 'undisclosed income' under section 158B(b) and the application of section 158BB. The tribunal emphasized the importance of evidence found during the search and the proper application of legal provisions in determining undisclosed income. The tribunal clarified that income disclosed in regular returns cannot be taxed under Chapter XIV-B unless it qualifies as undisclosed income. Deductions under section 88 were allowed in accordance with section 158BH. Case-Laws Income Tax Mon, 12 Nov 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=189256