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Case lawCBDT Circulars & Instructions › Statutory position — section 158BB: how the block figure is built, what is kept out of it, and why Abhisar Buildwell does not simply carry across
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Statutory position — section 158BB: how the block figure is built, what is kept out of it, and why Abhisar Buildwell does not simply carry across

The block assessment adds amounts for which nothing was found in the search. Can I take the Abhisar Buildwell point that there must be incriminating material?

The block assessment adds amounts for which nothing was found in the search. Can I take the Abhisar Buildwell point that there must be incriminating material?

Not in the form in which that case decides it, because Abhisar Buildwell construes section 153A and section 158BB is worded differently. Section 158BB(1) makes the total undisclosed income of the block period the aggregate of only two things — what the assessee declares as undisclosed income in his section 158BC return, and what the Assessing Officer determines under section 158BB(2); and section 158BB(2) requires that determination to be made 'on the basis of evidence found as a result of search or survey or requisition of books of account or other documents and any other material or information as are either available with the Assessing Officer or come to his notice during the course of proceedings under this Chapter'.

Decided by the CBDT Circulars & Instructions (Not applicable — statutory text) on 2024-09-01, reported as Income-tax Act 1961, s.158BB, substituted w.e.f. 1 September 2024 by s.49 of the Finance (No. 2) Act 2024 (Act No. 15 of 2024) and amended with retrospective effect from the same date. It bears on section 158BB, section 158BA, section 158BC, section 153A, section 153C, section 143(1), section 92CA, section 68, section 69, section 69A, section 69B, section 69C, section 32(2) of the Income Tax Act 1961, in Search, Survey & Block Assessment, Assessment & Scrutiny, Evidence & Burden of Proof and How Tax Law Is Read matters.

Still good law. In force from 1 September 2024 as amended. No decision applying the substituted section 158BB to an addition was located. The Orissa High Court in Saroj Kumar Sahoo reproduced the section in full and drew a distinction between section 153A ('total income') and section 158BA ('total undisclosed income') when considering whether the Abhisar Buildwell principle applied, but that judgment is already in this library and the point argued there was abatement, not the material base for the computation. Whether the incriminating-material requirement survives under the substituted Chapter has not, so far as this pass could find, been decided.

Why it matters

The material base is defined, but it is defined more widely than the section 153A case law would suggest. Three points decide real cases. First, 'evidence found as a result of search OR SURVEY or requisition' — a survey under section 133A is now an express source for the block computation, which it was not in the 1995 Chapter. Second, and much wider, the words 'any other material or information as are either available with the Assessing Officer or come to his notice during the course of proceedings under this Chapter' let the officer bring in material that has nothing to do with the search at all, provided it is available to him or comes to his notice in the block proceedings. That is the opposite of the section 153A rule in Abhisar Buildwell, and the opposite of what the 1995 section 158BB said, which confined the computation to 'evidence found as a result of search ... and such other materials or information as are available with the Assessing Officer AND RELATABLE TO SUCH EVIDENCE'. The relatability limb is gone. Third, the protection now sits in section 158BB(1A) rather than in a requirement of incriminating material: income already determined under section 143(1), or assessed under sections 143, 144, 147, 153A, 153C, an earlier block order or a settlement order before the date of the search, and income already declared in a return under section 139 or in response to a notice under section 142(1) before that date, is NOT to be included in the total undisclosed income of the block period. That is what stops a completed assessment being reopened through the back door — not the incriminating-material rule. Losses and unabsorbed depreciation brought forward from before the block period cannot be set off against block undisclosed income, but are carried forward; and transfer-pricing income of the year of the last authorisation is carved out of the block and dealt with in the regular assessment.

Binding on the department, not on the assessee or the courts. An assessee may rely on a circular that is beneficial to them.

Not yet CA-verified. This entry was found through the sources listed under the Sources tab, and the summary reflects what those sources say. Nobody has yet read the full judgment and signed it off. Check the source before relying on it.

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