https://www.taxtmi.com/acts?id=53850 Section 295 is amended to clarify the block period for other persons in search or requisition cases. If the undisclosed income relates only to the period from the tax year immediately preceding the year of initiation up to the date of initiation, the block period includes the specified year and the period from 1 April of the relevant tax year until the last authorisation. If it relates to a single tax year out of the five preceding the specified year, the block period is limited to that year, notwithstanding section 301(a). en-us Tue, 31 Mar 2026 15:43:46 +0530 Tue, 31 Mar 2026 15:43:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=53850 Section 295 is amended to clarify the block period for other persons in search or requisition cases. If the undisclosed income relates only to the period from the tax year immediately preceding the year of initiation up to the date of initiation, the block period includes the specified year and the period from 1 April of the relevant tax year until the last authorisation. If it relates to a single tax year out of the five preceding the specified year, the block period is limited to that year, notwithstanding section 301(a). Act-Rules F. Acts / Amendment Acts Tue, 31 Mar 2026 15:43:46 +0530 https://www.taxtmi.com/acts?id=53850