https://www.taxtmi.com/caselaws?id=12586 Transactions included in a block assessment were held not to constitute "undisclosed income" within s. 158B of the Income-tax Act because they had already been disclosed in the returns and were the subject of regular assessment; accordingly, such items were required to be assessed only in regular proceedings, and the HC affirmed the Tribunal's findings (on additional reasoning). Separately, insofar as the first question before the Tribunal had not been considered in conformity with principles of natural justice, the HC remanded the matter to the Tribunal for fresh adjudication limited to that question, and partly allowed both appeals to that extent. en-us Tue, 26 Feb 2002 00:00:00 +0530 Tue, 23 Dec 2025 15:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=12586 Transactions included in a block assessment were held not to constitute "undisclosed income" within s. 158B of the Income-tax Act because they had already been disclosed in the returns and were the subject of regular assessment; accordingly, such items were required to be assessed only in regular proceedings, and the HC affirmed the Tribunal's findings (on additional reasoning). Separately, insofar as the first question before the Tribunal had not been considered in conformity with principles of natural justice, the HC remanded the matter to the Tribunal for fresh adjudication limited to that question, and partly allowed both appeals to that extent. Case-Laws Income Tax Tue, 26 Feb 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=12586