https://www.taxtmi.com/caselaws?id=467367 Projection of income in block assessments must be supported by seized material showing the activity or income stream persisted throughout the block period; absent such primary evidence, estimation is limited to the period for which seized evidence exists and must bear a rational connection to the addition. Concurrent factual findings based on seized papers and admissions sustaining additions for alleged unaccounted cash, investments in Kala Mandir, Bharuch land, and bungalow expenditures were upheld on evaluation of documentary and seized material; set-off claims were rejected where corroboration was lacking. en-us Tue, 25 Feb 2014 00:00:00 +0530 Wed, 18 Mar 2026 15:25:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=467367 Projection of income in block assessments must be supported by seized material showing the activity or income stream persisted throughout the block period; absent such primary evidence, estimation is limited to the period for which seized evidence exists and must bear a rational connection to the addition. Concurrent factual findings based on seized papers and admissions sustaining additions for alleged unaccounted cash, investments in Kala Mandir, Bharuch land, and bungalow expenditures were upheld on evaluation of documentary and seized material; set-off claims were rejected where corroboration was lacking. Case-Laws Income Tax Tue, 25 Feb 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=467367