9911796707
TMI BlogAmendment of section 158BB.X X X X Extracts X X X X X X X X Extracts X X X X ..... for sub-section (1), the following sub-sections shall be substituted and shall be deemed to have been substituted, namely:-- "(1) The total undisclosed income referred to in sub-section (1) of section 158BA of the block period shall be the aggregate of the following, namely:-- (a) undisclosed income declared in the return furnished under section 158BC; (b) undisclosed income determined by t ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... of any of the previous year comprising the block period, and not covered under clause (a); (c) the income computed by the assessee, in respect of-- (i) a previous year, where such previous year has ended and the due date for furnishing the return for such year has not expired prior to the date of initiation of the search or the date of requisition, on the basis of entries relating to such inc ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e execution of the last of the authorisations for search or requisition, on the basis of entries relating to such income or transactions as recorded in the books of account and other documents maintained in the normal course for such period on or before the date of the execution of the last of the authorisations: Provided that where the Assessing Officer is of the opinion that any part of the in ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ng the course of proceedings under this Chapter, or determined on the basis of entries relating to such income or transactions as recorded in books of account and other documents maintained in the normal course on or before the date of the execution of the last of the authorisations, relates to any international transaction or specified domestic transaction referred to in section 92CA, pertaining ..... X X X X Extracts X X X X X X X X Extracts X X X X
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