https://www.taxtmi.com/caselaws?id=249124 The Tribunal quashed the block assessment under Section 158BD due to the invalid initiation of proceedings, as the Assessing Officer's satisfaction lacked definiteness regarding the detection of undisclosed income. Consequently, all other issues raised, including confirmation of income quantification, disallowance of expenses, and additions of income from various sources, became irrelevant. The appeal by the revenue regarding the levy of surcharge was dismissed. en-us Fri, 20 Jun 2014 00:00:00 +0530 Fri, 04 Jul 2014 20:19:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=249124 The Tribunal quashed the block assessment under Section 158BD due to the invalid initiation of proceedings, as the Assessing Officer's satisfaction lacked definiteness regarding the detection of undisclosed income. Consequently, all other issues raised, including confirmation of income quantification, disallowance of expenses, and additions of income from various sources, became irrelevant. The appeal by the revenue regarding the levy of surcharge was dismissed. Case-Laws Income Tax Fri, 20 Jun 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=249124