https://www.taxtmi.com/caselaws?id=201766 HC dismissed Revenue's appeals in limine, upholding the ITAT's quashing of block assessments under s.158BD. It held that no books, documents, or assets relating to the assessees were found or seized during the search of the third party, and the sole basis was that party's statement. The AO failed to record a written satisfaction that undisclosed income belonged to the assessees, a mandatory precondition under s.158BD. Relying on earlier HC precedents, the court held absence of such satisfaction vitiated jurisdiction, and no substantial question of law arose. en-us Mon, 29 Nov 2010 00:00:00 +0530 Fri, 21 Nov 2025 14:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=201766 HC dismissed Revenue's appeals in limine, upholding the ITAT's quashing of block assessments under s.158BD. It held that no books, documents, or assets relating to the assessees were found or seized during the search of the third party, and the sole basis was that party's statement. The AO failed to record a written satisfaction that undisclosed income belonged to the assessees, a mandatory precondition under s.158BD. Relying on earlier HC precedents, the court held absence of such satisfaction vitiated jurisdiction, and no substantial question of law arose. Case-Laws Income Tax Mon, 29 Nov 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=201766