https://www.taxtmi.com/caselaws?id=64998 The Tribunal invalidated the assessment order under section 158BC due to non-compliance with Chapter XIV(B) provisions. The addition of Rs. 51,91,000 as undisclosed income was deemed baseless and deleted. The disallowance of Rs. 3,50,000 in expenses was found arbitrary and directed to be deleted. Consequently, the entire addition of undisclosed income was deemed unjustified, leading to the invalidation of the assessment order. The assessee's appeal was allowed, and the additions made by the Assessing Officer were deleted. en-us Thu, 03 Apr 1997 00:00:00 +0530 Fri, 11 Feb 2011 15:43:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=64998 The Tribunal invalidated the assessment order under section 158BC due to non-compliance with Chapter XIV(B) provisions. The addition of Rs. 51,91,000 as undisclosed income was deemed baseless and deleted. The disallowance of Rs. 3,50,000 in expenses was found arbitrary and directed to be deleted. Consequently, the entire addition of undisclosed income was deemed unjustified, leading to the invalidation of the assessment order. The assessee's appeal was allowed, and the additions made by the Assessing Officer were deleted. Case-Laws Income Tax Thu, 03 Apr 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=64998