https://www.taxtmi.com/caselaws?id=55540 Estimated addition for undisclosed household expenditure in block assessment could not be sustained because unexplained expenditure must be supported by material showing actual incurrence and its unexplained character. Chapter XIV-B applies to undisclosed income linked to income or property not disclosed as required under the Act, and a mere inference from lifestyle, status, or presumed standard of living is insufficient. On the facts noted, there was no evidence of proved unexplained domestic expenditure during the relevant years, so the estimate was deleted. en-us Fri, 01 Aug 1997 00:00:00 +0530 Sat, 27 Nov 2010 16:06:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=55540 Estimated addition for undisclosed household expenditure in block assessment could not be sustained because unexplained expenditure must be supported by material showing actual incurrence and its unexplained character. Chapter XIV-B applies to undisclosed income linked to income or property not disclosed as required under the Act, and a mere inference from lifestyle, status, or presumed standard of living is insufficient. On the facts noted, there was no evidence of proved unexplained domestic expenditure during the relevant years, so the estimate was deleted. Case-Laws Income Tax Fri, 01 Aug 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=55540