Income Tax Appellate Tribunal was right in
holding that the block assessment made under Section 158
is barred by limitation ... converted into search operation would not
come within the scope of block assessment made in terms
of Section 158BC of the Income
holding that the block assessment made under Section
158 is barred by limitation?
(ii) Whether the Tribunal is right in holding that the
prohibitory order ... converted into search operation would not
come within the scope of block assessment made in terms
of Section 158BC of the Income
jurisdiction to make the original assessment and the
assessment under Section 153-A merges into one. Only
one assessment shall be made separately for each ... return of income in
respect of each assessment year falling within six
assessment years immediately preceding the assessment
year relevant to the previous year
excess unaccounted stock shall be liable to be
assessed in block assessment proceedings only. Aggrieved by
the same, the present appeal is filed ... addition to the
regular assessment already done or to be done. The
assessment for the block period can only be done on
the basis
during search and
seizure operations, empower the AO to frame the block
assessment. This court in Principal Commissioner of
Income Tax, Delhi v. Best Infrastructure ... form a basis for a block
assessment only if such statement relates to any
incriminating evidence of undisclosed income unearthed
during search and cannot
when there shall be
a block assessment under Section 153-A of the 1961 Act.
30. That prior to insertion of Section ... Section 153-A , the assessment or reassessment, if any,
relating to any assessment year falling within the period of six assessment
years pending
when there shall be
a block assessment under Section 153-A of the 1961 Act.
30. That prior to insertion of Section ... Section 153-A , the assessment or reassessment, if any,
relating to any assessment year falling within the period of six assessment
years pending
when there shall be
a block assessment under Section 153-A of the 1961 Act.
30. That prior to insertion of Section ... Section 153-A , the assessment or reassessment, if any,
relating to any assessment year falling within the period of six assessment
years pending
when there shall be
a block assessment under Section 153-A of the 1961 Act.
30. That prior to insertion of Section ... Section 153-A , the assessment or reassessment, if any,
relating to any assessment year falling within the period of six assessment
years pending
when there shall be
a block assessment under Section 153-A of the 1961 Act.
30. That prior to insertion of Section ... Section 153-A , the assessment or reassessment, if any,
relating to any assessment year falling within the period of six assessment
years pending
