https://www.taxtmi.com/caselaws?id=235620 The court dismissed the tax appeal, affirming the Tribunal's decision to quash the notice under section 158BD and the assessment order. The court emphasized the importance of recording satisfaction by the Assessing Officer in the case of the searched person and compliance with procedural requirements under sections 158BD and 158BC. The Tribunal's decision was upheld based on legal principles established by the Apex Court, as the notice and assessment order were invalidated due to non-compliance with statutory requirements. en-us Mon, 06 May 2013 00:00:00 +0530 Mon, 29 Jul 2013 10:41:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=235620 The court dismissed the tax appeal, affirming the Tribunal's decision to quash the notice under section 158BD and the assessment order. The court emphasized the importance of recording satisfaction by the Assessing Officer in the case of the searched person and compliance with procedural requirements under sections 158BD and 158BC. The Tribunal's decision was upheld based on legal principles established by the Apex Court, as the notice and assessment order were invalidated due to non-compliance with statutory requirements. Case-Laws Income Tax Mon, 06 May 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=235620