Tag Archives: Block Assessment

Types of Assessment in Income Tax Act 2025

By | May 2, 2026

Types of Assessment in Income Tax Act 2025 Types of Assessment in Income Tax Act 2025 Under the Income-tax Act, 2025, assessments are systematically categorized based on the procedure, circumstances, and nature of the taxpayer’s case. Here are the various types of assessments: 1. Processing of Return / Intimation (Section 270(1)) While technically a “processing”… Read More »

Undisclosed income must be found in Search to issue Block Assessment Notice

By | October 17, 2016

Held No incriminating documents were found during the course of search nor was it found that he was in any manner involved in the bank account with his name in the said Bank. Thus it appears that the Respondents-revenue took search and seizure proceedings in respect of the Petitioner on account of mistaken identity. In… Read More »