https://www.taxtmi.com/caselaws?id=245719 The Court held that the assessment proceedings under Section 158BD of the Income Tax Act were valid despite the appellant's jurisdictional challenge. The Court found that the search of the appellant's locker was linked to her husband's search, justifying the addition of income based on seized materials. Additionally, the Court upheld the deletion of part of the undisclosed income added by the Assessing Officer, agreeing with the CIT (Appeals) that only a portion of the property sale consideration should be attributed to the appellant. The appeals were dismissed with costs. en-us Mon, 31 Mar 2014 00:00:00 +0530 Fri, 11 Apr 2014 17:09:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=245719 The Court held that the assessment proceedings under Section 158BD of the Income Tax Act were valid despite the appellant's jurisdictional challenge. The Court found that the search of the appellant's locker was linked to her husband's search, justifying the addition of income based on seized materials. Additionally, the Court upheld the deletion of part of the undisclosed income added by the Assessing Officer, agreeing with the CIT (Appeals) that only a portion of the property sale consideration should be attributed to the appellant. The appeals were dismissed with costs. Case-Laws Income Tax Mon, 31 Mar 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=245719