https://www.taxtmi.com/caselaws?id=361623 The High Court upheld the assessment order, affirming the validity of the special auditor's appointment and report reliance. The Court approved the income estimation based on the auditor's report, emphasizing adherence to auditing standards. It ruled that expenditure for earning undisclosed income in block assessment should be separately claimed in regular assessments. The Court rejected the appeal, supporting the Assessing Officer's computation and highlighting the distinction between block and regular assessments. en-us Wed, 03 Jan 2018 00:00:00 +0530 Sat, 09 Jun 2018 22:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=361623 The High Court upheld the assessment order, affirming the validity of the special auditor's appointment and report reliance. The Court approved the income estimation based on the auditor's report, emphasizing adherence to auditing standards. It ruled that expenditure for earning undisclosed income in block assessment should be separately claimed in regular assessments. The Court rejected the appeal, supporting the Assessing Officer's computation and highlighting the distinction between block and regular assessments. Case-Laws Income Tax Wed, 03 Jan 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=361623