https://www.taxtmi.com/caselaws?id=16150 The designated authority under the Kar Vivad Samadhan Scheme treated additions relating to closing stock for assessment year 1994-95 as connected with a search after the search material exposed the assessee's stock-valuation method and a misleading accounting practice. The Gujarat HC noted that the scheme did not require the assessment for that year to arise directly and exclusively from the search itself; it was enough that the relevant assessment was founded on material and information emerging from the search. On that basis, the nexus requirement was satisfied and the computation under the scheme was upheld. en-us Thu, 15 Apr 1999 00:00:00 +0530 Tue, 01 Sep 2009 13:48:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=16150 The designated authority under the Kar Vivad Samadhan Scheme treated additions relating to closing stock for assessment year 1994-95 as connected with a search after the search material exposed the assessee's stock-valuation method and a misleading accounting practice. The Gujarat HC noted that the scheme did not require the assessment for that year to arise directly and exclusively from the search itself; it was enough that the relevant assessment was founded on material and information emerging from the search. On that basis, the nexus requirement was satisfied and the computation under the scheme was upheld. Case-Laws Income Tax Thu, 15 Apr 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=16150