https://www.taxtmi.com/caselaws?id=466692 Section 158BB permits computation of undisclosed income for the block period on the basis of evidence and admissions found as a result of search or requisition; investments and expenditures discovered by search that were not satisfactorily explained were attributed to the block period and additions sustained. The Rs. 50,000 investment in the assessee's name, the Rs. 50,000 investments in the names of his sons, and Rs. 1,30,000 of educational expenses were held relatable to search-recovered materials and admissions, and therefore sustainable as block assessment additions. en-us Thu, 05 Oct 2023 00:00:00 +0530 Mon, 16 Feb 2026 20:10:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=466692 Section 158BB permits computation of undisclosed income for the block period on the basis of evidence and admissions found as a result of search or requisition; investments and expenditures discovered by search that were not satisfactorily explained were attributed to the block period and additions sustained. The Rs. 50,000 investment in the assessee's name, the Rs. 50,000 investments in the names of his sons, and Rs. 1,30,000 of educational expenses were held relatable to search-recovered materials and admissions, and therefore sustainable as block assessment additions. Case-Laws Income Tax Thu, 05 Oct 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=466692