https://www.taxtmi.com/caselaws?id=240939 The High Court of Karnataka dismissed the Revenue's appeal challenging the Tribunal's decision to set aside a Block Assessment Order due to non-compliance with Section 158BG of the Income Tax Act. The Court held that the approval by the Joint Commissioner instead of the Commissioner rendered the assessment order void, emphasizing the mandatory nature of the Commissioner's approval for searches conducted before January 1, 1997. The Court ruled that non-compliance with Section 158BG made the assessment order invalid, affirming the Tribunal's decision to set it aside. en-us Tue, 26 Nov 2013 00:00:00 +0530 Sat, 14 Dec 2013 09:43:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=240939 The High Court of Karnataka dismissed the Revenue's appeal challenging the Tribunal's decision to set aside a Block Assessment Order due to non-compliance with Section 158BG of the Income Tax Act. The Court held that the approval by the Joint Commissioner instead of the Commissioner rendered the assessment order void, emphasizing the mandatory nature of the Commissioner's approval for searches conducted before January 1, 1997. The Court ruled that non-compliance with Section 158BG made the assessment order invalid, affirming the Tribunal's decision to set it aside. Case-Laws Income Tax Tue, 26 Nov 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=240939