https://www.taxtmi.com/highlights?id=54745 Assessment u/s 147 - Additions u/s 68 - The regular assessment and block assessment are both separate proceedings and even can run parallel - assessee has failed to substantiate that relevant accommodation entry transactions - we reject the contention of Learned Counsel of the assessee seeking telescoping of the addition with the income already assessed in the block assessment order. - AT en-us Sat, 12 Sep 2020 14:28:57 +0530 Sat, 12 Sep 2020 14:28:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=54745 Assessment u/s 147 - Additions u/s 68 - The regular assessment and block assessment are both separate proceedings and even can run parallel - assessee has failed to substantiate that relevant accommodation entry transactions - we reject the contention of Learned Counsel of the assessee seeking telescoping of the addition with the income already assessed in the block assessment order. - AT Highlights Income Tax Sat, 12 Sep 2020 14:28:57 +0530 https://www.taxtmi.com/highlights?id=54745