https://www.taxtmi.com/caselaws?id=359702 Block assessment under Chapter XIV-B is confined to undisclosed income supported by evidence found in search or requisition, together with material relatable to that evidence. The statutory scheme requires a direct nexus between the searched material and the assessed undisclosed income. Survey material under section 133A is distinct, but where it is gathered simultaneously from a connected person during the search process and is relatable to the search evidence, it may be relied upon. The SC held that material concerning cash payments to the builder satisfied that nexus and could be used in the assessee's block assessment. en-us Wed, 02 May 2018 00:00:00 +0530 Thu, 16 Aug 2018 17:51:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=359702 Block assessment under Chapter XIV-B is confined to undisclosed income supported by evidence found in search or requisition, together with material relatable to that evidence. The statutory scheme requires a direct nexus between the searched material and the assessed undisclosed income. Survey material under section 133A is distinct, but where it is gathered simultaneously from a connected person during the search process and is relatable to the search evidence, it may be relied upon. The SC held that material concerning cash payments to the builder satisfied that nexus and could be used in the assessee's block assessment. Case-Laws Income Tax Wed, 02 May 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=359702