https://www.taxtmi.com/caselaws?id=202367 The Tribunal found the proceedings under section 158BC invalid as the appellant was not searched and no warrant was issued in his name. The notice under section 158BC was deemed illegal and without jurisdiction. Additionally, the Tribunal ruled that the addition of seized cash in the appellant's hands was unjustified as the money belonged to others. The Tribunal also held that the Assessing Officer's procedure was illegal, and the Commissioner of Income-tax (Appeals) failed to consider relevant judicial decisions. The appeal was allowed, and the assessment under section 158BC was declared invalid. en-us Tue, 05 Oct 2010 00:00:00 +0530 Fri, 18 Mar 2011 23:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=202367 The Tribunal found the proceedings under section 158BC invalid as the appellant was not searched and no warrant was issued in his name. The notice under section 158BC was deemed illegal and without jurisdiction. Additionally, the Tribunal ruled that the addition of seized cash in the appellant's hands was unjustified as the money belonged to others. The Tribunal also held that the Assessing Officer's procedure was illegal, and the Commissioner of Income-tax (Appeals) failed to consider relevant judicial decisions. The appeal was allowed, and the assessment under section 158BC was declared invalid. Case-Laws Income Tax Tue, 05 Oct 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=202367