https://www.taxtmi.com/caselaws?id=56564 The Tribunal ruled in favor of the assessee, determining that the income disclosed in the belated return could not be included in the block assessment. The Tribunal found that the provisions of section 158BB(1)(ca) were not applicable in this case, and instead, section 158BB(1)(c) applied as the income was properly entered in regular books of account. The Tribunal canceled the CIT's order and allowed the appeal filed by the assessee. en-us Mon, 26 Jun 2006 00:00:00 +0530 Sat, 04 Dec 2010 15:32:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=56564 The Tribunal ruled in favor of the assessee, determining that the income disclosed in the belated return could not be included in the block assessment. The Tribunal found that the provisions of section 158BB(1)(ca) were not applicable in this case, and instead, section 158BB(1)(c) applied as the income was properly entered in regular books of account. The Tribunal canceled the CIT's order and allowed the appeal filed by the assessee. Case-Laws Income Tax Mon, 26 Jun 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=56564