https://www.taxtmi.com/caselaws?id=208260 The Tribunal found the block assessment proceedings initiated under Section 158BD to be invalid due to the absence of necessary satisfaction recorded in the case of the person searched before completing the assessment under Section 158BC. Consequently, the block assessment order was declared void ab initio, leading to the appeal being allowed in favor of the assessee without delving into the merits of the case. en-us Wed, 14 Jul 2010 00:00:00 +0530 Fri, 23 Dec 2011 15:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=208260 The Tribunal found the block assessment proceedings initiated under Section 158BD to be invalid due to the absence of necessary satisfaction recorded in the case of the person searched before completing the assessment under Section 158BC. Consequently, the block assessment order was declared void ab initio, leading to the appeal being allowed in favor of the assessee without delving into the merits of the case. Case-Laws Income Tax Wed, 14 Jul 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=208260