https://www.taxtmi.com/caselaws?id=34496 The Court held that in a block assessment, assessments based solely on the best judgment of an Assessing Officer are not valid. Assessments must be confined to income attributable to material found during the search, and any other income escaping assessment unconnected with the search material can be dealt with separately. The Court emphasized the necessity of a direct link between evidence found during the search and income assessed, ruling in favor of the assessee due to the absence of hidden assets beyond what was discovered during the search. en-us Wed, 02 Sep 2009 00:00:00 +0530 Wed, 02 Mar 2016 15:09:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=34496 The Court held that in a block assessment, assessments based solely on the best judgment of an Assessing Officer are not valid. Assessments must be confined to income attributable to material found during the search, and any other income escaping assessment unconnected with the search material can be dealt with separately. The Court emphasized the necessity of a direct link between evidence found during the search and income assessed, ruling in favor of the assessee due to the absence of hidden assets beyond what was discovered during the search. Case-Laws Income Tax Wed, 02 Sep 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=34496