Appeal Dismissed: Lack of Satisfaction under Section 158 BC, Late Notice

The Supreme Court dismissed the appeal due to the absence of recorded satisfaction for assessment under Section 158 BC of the Income Tax Act and the notice being issued beyond the one-year limitation period, as determined by the Income Tax Appellate Tribunal.

---

---

The Supreme Court dismissed the appeal as the Income Tax Appellate Tribunal found no satisfaction recorded for assessment under Section 158 BC of the Income Tax Act, and the notice was issued beyond the one-year limitation period.

---