https://www.taxtmi.com/caselaws?id=14381 Chapter XIV-B of the Income-tax Act, 1961 cannot be invoked to treat income as undisclosed unless the search yields material supporting that treatment. The assessee's returns and audited accounts had already disclosed the relevant income, and the Tribunal found that the Assessing Officer had brought no search material to justify classifying prior years' income as undisclosed. That factual finding was left undisturbed, and the High Court upheld the view that no undisclosed income arose from the search. The appeal therefore failed because no substantial question of law arose from the Tribunal's findings. en-us Mon, 28 Feb 2000 00:00:00 +0530 Wed, 15 Jul 2009 14:29:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=14381 Chapter XIV-B of the Income-tax Act, 1961 cannot be invoked to treat income as undisclosed unless the search yields material supporting that treatment. The assessee's returns and audited accounts had already disclosed the relevant income, and the Tribunal found that the Assessing Officer had brought no search material to justify classifying prior years' income as undisclosed. That factual finding was left undisturbed, and the High Court upheld the view that no undisclosed income arose from the search. The appeal therefore failed because no substantial question of law arose from the Tribunal's findings. Case-Laws Income Tax Mon, 28 Feb 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=14381