https://www.taxtmi.com/caselaws?id=237611 The High Court ruled in favor of the respondent-assessee, emphasizing the mandatory requirement of a notice under Section 143(2) in block search assessment proceedings to establish jurisdiction under Section 158-BC. The Court reaffirmed the importance of procedural compliance and clarified that Section 292-BB serves as a rule of evidence, not a means to bypass notice requirements. The decision aligned with established legal principles and previous judgments, dismissing the Income Tax Appeal and highlighting the significance of adhering to statutory notice provisions for assessment validity. en-us Wed, 24 Jul 2013 00:00:00 +0530 Wed, 02 Oct 2013 22:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=237611 The High Court ruled in favor of the respondent-assessee, emphasizing the mandatory requirement of a notice under Section 143(2) in block search assessment proceedings to establish jurisdiction under Section 158-BC. The Court reaffirmed the importance of procedural compliance and clarified that Section 292-BB serves as a rule of evidence, not a means to bypass notice requirements. The decision aligned with established legal principles and previous judgments, dismissing the Income Tax Appeal and highlighting the significance of adhering to statutory notice provisions for assessment validity. Case-Laws Income Tax Wed, 24 Jul 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=237611