Block assessment - Undisclosed income versus opening capital - ...

Court Rules Pre-Block Period Capital Not Undisclosed Income in Block Assessment Case.

March 14, 2012

Case Laws Income Tax HC

Block assessment - Undisclosed income versus opening capital - block assessment - held that:- the said opening capital accrue to the assessees at a point of time anterior to the commencement of the block period, it cannot be treated as undisclosed income at all. - HC

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Block assessment - Undisclosed income versus opening capital - ...

Court Rules Pre-Block Period Capital Not Undisclosed Income in Block Assessment Case.

March 14, 2012

Case Laws Income Tax HC

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