https://www.taxtmi.com/caselaws?id=71989 Block assessment jurisdiction under section 158BC arises only after requisitioned books, documents or assets are physically handed over to the income-tax authorities under section 132A. Mere service of the warrant of authorization or requisition is insufficient because the statutory scheme contemplates two distinct steps: requisition and actual delivery of the material. Where the requisitioned assets are not transferred into departmental possession, the requisition remains unconsummated and the block assessment machinery cannot be invoked. en-us Mon, 25 Aug 2008 00:00:00 +0530 Thu, 28 Apr 2011 15:57:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=71989 Block assessment jurisdiction under section 158BC arises only after requisitioned books, documents or assets are physically handed over to the income-tax authorities under section 132A. Mere service of the warrant of authorization or requisition is insufficient because the statutory scheme contemplates two distinct steps: requisition and actual delivery of the material. Where the requisitioned assets are not transferred into departmental possession, the requisition remains unconsummated and the block assessment machinery cannot be invoked. Case-Laws Income Tax Mon, 25 Aug 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=71989