https://www.taxtmi.com/manuals?id=4923 The revived Chapter XIV-B reinstates a specialized block assessment framework for search cases conducted on or after September 1, 2024, requiring assessment or reassessment of the taxpayer's total income under the chapter. It empowers the Assessing Officer to extend scrutiny across multiple assessment years where indicia of unassessed assets and concealed income are present, aiming to capture undisclosed income over a defined period and prevent procedural avoidance. en-us Tue, 10 Sep 2024 10:47:00 +0530 Wed, 11 Sep 2024 11:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=4923 The revived Chapter XIV-B reinstates a specialized block assessment framework for search cases conducted on or after September 1, 2024, requiring assessment or reassessment of the taxpayer's total income under the chapter. It empowers the Assessing Officer to extend scrutiny across multiple assessment years where indicia of unassessed assets and concealed income are present, aiming to capture undisclosed income over a defined period and prevent procedural avoidance. Manuals Income Tax Tue, 10 Sep 2024 10:47:00 +0530 https://www.taxtmi.com/manuals?id=4923