https://www.taxtmi.com/caselaws?id=239484 Income is treated as disclosed for Chapter XIV-B only when it is shown in a return filed before the search or requisition; belated returns do not remove salary or interest from partners from block assessment where the statutory conditions are otherwise met. Recording prima facie satisfaction under Section 158BD does not require a prior hearing before notice is issued, because the section contemplates satisfaction based on search materials. Where seized materials relate to the assessees and the returns were filed after the search, the block assessment as undisclosed income is sustainable on the statutory scheme of Sections 158BB(1)(ca) and 158BD. en-us Tue, 01 Oct 2013 00:00:00 +0530 Thu, 14 Nov 2013 22:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=239484 Income is treated as disclosed for Chapter XIV-B only when it is shown in a return filed before the search or requisition; belated returns do not remove salary or interest from partners from block assessment where the statutory conditions are otherwise met. Recording prima facie satisfaction under Section 158BD does not require a prior hearing before notice is issued, because the section contemplates satisfaction based on search materials. Where seized materials relate to the assessees and the returns were filed after the search, the block assessment as undisclosed income is sustainable on the statutory scheme of Sections 158BB(1)(ca) and 158BD. Case-Laws Income Tax Tue, 01 Oct 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=239484