Assessment of total undisclosed income as a result of search

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....ovisions of this Act (other than this Chapter), if any, pertaining to any assessment year falling in the block period, pending on the date of initiation of the search under section 132, or making of requisition under section 132A, as the case may be, shall abate and shall be deemed to have abated on the date of initiation of search or making of requisition. (3) Where during the course of any pending proceeding for the assessment or reassessment or recomputation under the provisions of this Act (other than this Chapter), a reference under sub-section (1) of section 92CA has been made, or an order under sub-section (3) of section 92CA has been passed, such assessment or reassessment or recomputation, along with such reference made or order p....

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.... the assessment year relevant to the previous year in which the last of the authorisations for a search is executed or a requisition is made, shall be assessed separately in accordance with the other provisions of this Act. (7) The 8[total undisclosed income] relating to the block period shall be charged to tax, at the rate specified in section 113, as income of the block period irrespective of the previous year or years to which such income relates.]     ***************** NOTES:- 1.  Inserted vide Section 32 of the Finance Act, 1995 w.e.f. 01-07-1995 2. Inserted vide Section 44 of the Finance (No. 2) Act, 1998 w.e.f. 01-07-1995 3. Substituted vide Section 49 of the Finance (No. 2) Act, 20....