Insertion of new section 79A-No set off of losses consequent to search, requisition and survey

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..... ntained in this Act, where consequent to a search under section 132 or a requisition under section 132A or a survey under section 133A other than under sub-section (2A) of that section, the total income of any previous year of an assessee includes any undisclosed income, no set off, against such undisclosed income, of any loss, whether brought forward or otherwise, or unabsorbed depreciation under .....

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..... course relating to such previous year; or (B) not been disclosed to the Principal Chief Commissioner or Chief Commissioner or Principal Commissioner or Commissioner before the date of search or requisition or survey, as the case may be; or (ii) any income of the previous year represented, either wholly or partly, by any entry in respect of an expense recorded in the books of account or other docum .....

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..... nder section 132A or a survey under section 133A, other than under sub-section (2A) of that section, or (ii) that is represented, either wholly or partly, by any entry in the books of account in respect of an expense or other documents maintained in the normal course relating to the previous year which is found to be false and would not have been found to be so, had the search not been initiated o .....

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