https://www.taxtmi.com/caselaws?id=55558 In a block assessment under section 158BC, undisclosed income must be confined to the years or periods for which incriminating material is actually found in the search, and additions cannot rest on presumptions, assumptions, or roving enquiries. The Tribunal applied CBDT Circular No. 717 and the Chapter XIV-B principle that only search-detected undisclosed income can be assessed. On the facts, the material relied upon by the Assessing Officer was insufficient to support the disputed addition for the relevant period, so the addition was deleted. en-us Thu, 05 Feb 1998 00:00:00 +0530 Sat, 27 Nov 2010 16:56:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=55558 In a block assessment under section 158BC, undisclosed income must be confined to the years or periods for which incriminating material is actually found in the search, and additions cannot rest on presumptions, assumptions, or roving enquiries. The Tribunal applied CBDT Circular No. 717 and the Chapter XIV-B principle that only search-detected undisclosed income can be assessed. On the facts, the material relied upon by the Assessing Officer was insufficient to support the disputed addition for the relevant period, so the addition was deleted. Case-Laws Income Tax Thu, 05 Feb 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=55558