https://www.taxtmi.com/caselaws?id=385715 In a search assessment under Chapter XIV-B, an addition based on a rejected VDIS declaration was held not to stand on the existing record because the facts were materially identical to those in the assessee's brother's matter, where the same VDIS claim had already been sent back for fresh examination. The impugned addition was set aside and the Assessing Officer was directed to re-examine the particulars declared under VDIS 1997 and bring to tax only that part which could validly constitute undisclosed income under the block assessment scheme. en-us Tue, 12 Feb 2019 00:00:00 +0530 Thu, 12 Sep 2019 09:53:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=385715 In a search assessment under Chapter XIV-B, an addition based on a rejected VDIS declaration was held not to stand on the existing record because the facts were materially identical to those in the assessee's brother's matter, where the same VDIS claim had already been sent back for fresh examination. The impugned addition was set aside and the Assessing Officer was directed to re-examine the particulars declared under VDIS 1997 and bring to tax only that part which could validly constitute undisclosed income under the block assessment scheme. Case-Laws Income Tax Tue, 12 Feb 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=385715