https://www.taxtmi.com/caselaws?id=54985 The court found the assessment for the block period illegal as it included amounts beyond the specified period. The appeal was allowed, leading to the deletion of additions made for the requisitioned amount and initial investment in speculation business. The court emphasized that assessments should align with the relevant legal provisions and timelines, highlighting the importance of accurate and lawful procedures in determining undisclosed income. en-us Mon, 10 Jun 2002 00:00:00 +0530 Mon, 22 Nov 2010 10:17:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=54985 The court found the assessment for the block period illegal as it included amounts beyond the specified period. The appeal was allowed, leading to the deletion of additions made for the requisitioned amount and initial investment in speculation business. The court emphasized that assessments should align with the relevant legal provisions and timelines, highlighting the importance of accurate and lawful procedures in determining undisclosed income. Case-Laws Income Tax Mon, 10 Jun 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=54985