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	<title>TaxGuru &#187; new evidence</title>
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		<title>Computation of undisclosed income in case no incriminating document was found during search</title>
		<link>http://taxguru.in/income-tax-case-laws/computation-of-undisclosed-income-in-case-no-incriminating-document-was-found-during-search.html</link>
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		<pubDate>Tue, 27 Oct 2009 13:14:57 +0000</pubDate>
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				<category><![CDATA[Income Tax Case Laws]]></category>
		<category><![CDATA[assets]]></category>
		<category><![CDATA[black money]]></category>
		<category><![CDATA[case law]]></category>
		<category><![CDATA[finality]]></category>
		<category><![CDATA[incomes]]></category>
		<category><![CDATA[insertion]]></category>
		<category><![CDATA[legal battles]]></category>
		<category><![CDATA[new evidence]]></category>
		<category><![CDATA[nexus]]></category>
		<category><![CDATA[requisition]]></category>
		<category><![CDATA[search cases]]></category>
		<category><![CDATA[tax evaders]]></category>
		<category><![CDATA[time search]]></category>

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		<description><![CDATA[Searches conducted by the Income Department are important means for unearthing black money. However, under the scheme before insertion of special procedure for assessment of search cases, valuable time is lost in trying to relate the undisclosed incomes to the different years. Tax evaders generally manage to divert the focus to procedural and legal issues and often invent new evidence to explain undisclosed income. By the time search r]]></description>
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