Under section 292 of the Income-tax Act, 2025, where a search is initiated in the case of a person, an…

Section 292(1) requires the Assessing Officer to assess the total undisclosed income of the block period once a search is initiated or a requisition is made. Under section 292(2)(a), pending assessments for tax years in the block period "shall abate" on the date of the search, so the block assessment replaces them. The rule in section 292(4) about completing a pending assessment first deals with a later search during a block assessment, not with ordinary pending assessments.