https://www.taxtmi.com/caselaws?id=12167 In block assessment, an amount found from seized material may be treated as undisclosed income even if it appears in regular cash books, where it was not shown in returns and the assessee fails to prove the credits or produce supporting evidence. On valuation of a constructed building, the choice between PWD and CPWD rates depends on factual factors such as location, materials and utility, and the finding will not be interfered with unless perverse. The amount of Rs. 41,400 was therefore restored as undisclosed income, while the Tribunal's valuation finding was left undisturbed. en-us Tue, 06 Aug 2002 00:00:00 +0530 Wed, 24 Dec 2025 19:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=12167 In block assessment, an amount found from seized material may be treated as undisclosed income even if it appears in regular cash books, where it was not shown in returns and the assessee fails to prove the credits or produce supporting evidence. On valuation of a constructed building, the choice between PWD and CPWD rates depends on factual factors such as location, materials and utility, and the finding will not be interfered with unless perverse. The amount of Rs. 41,400 was therefore restored as undisclosed income, while the Tribunal's valuation finding was left undisturbed. Case-Laws Income Tax Tue, 06 Aug 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=12167