https://www.taxtmi.com/highlights?id=33578 Block assessment - Receipt of two gifts received by the assessee and the gift to the Assessee’s wife - Where an income and assets are disclosed in the books of account and no incriminating material is found during search and seizure, addition in the block assessment is not valid. - HC en-us Tue, 07 Mar 2017 09:47:53 +0530 Tue, 07 Mar 2017 09:47:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=33578 Block assessment - Receipt of two gifts received by the assessee and the gift to the Assessee’s wife - Where an income and assets are disclosed in the books of account and no incriminating material is found during search and seizure, addition in the block assessment is not valid. - HC Highlights Income Tax Tue, 07 Mar 2017 09:47:53 +0530 https://www.taxtmi.com/highlights?id=33578