https://www.taxtmi.com/caselaws?id=212468 The High Court held that a valid search is essential for block assessment proceedings under Section 132 of the Income Tax Act, 1961. It overturned the Tribunal's decision, directing a re-assessment of properties post oral partition under Hindu Law to be assessed in the hands of the individuals post-partition. The Court emphasized the Tribunal's jurisdiction to review the validity of the search and assessment on merits. The High Court partially allowed appeals, fully allowed cross-appeals, set aside the Tribunal's order, and remanded the matter for fresh consideration, leaving all contentions open for further review. en-us Mon, 12 Sep 2011 00:00:00 +0530 Fri, 20 Apr 2012 13:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=212468 The High Court held that a valid search is essential for block assessment proceedings under Section 132 of the Income Tax Act, 1961. It overturned the Tribunal's decision, directing a re-assessment of properties post oral partition under Hindu Law to be assessed in the hands of the individuals post-partition. The Court emphasized the Tribunal's jurisdiction to review the validity of the search and assessment on merits. The High Court partially allowed appeals, fully allowed cross-appeals, set aside the Tribunal's order, and remanded the matter for fresh consideration, leaving all contentions open for further review. Case-Laws Income Tax Mon, 12 Sep 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=212468