https://www.taxtmi.com/caselaws?id=253844 The High Court upheld the Tribunal's decision, emphasizing the necessity of the Assessing Officer's satisfaction under Section 158BD before initiating block assessment proceedings. The absence of the satisfaction note rendered the proceedings invalid, leading to the annulment of the assessment order. The Court ruled in favor of the respondent assessee, disposing of the appeal with no order as to costs. en-us Wed, 26 Nov 2014 00:00:00 +0530 Fri, 05 Dec 2014 12:49:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=253844 The High Court upheld the Tribunal's decision, emphasizing the necessity of the Assessing Officer's satisfaction under Section 158BD before initiating block assessment proceedings. The absence of the satisfaction note rendered the proceedings invalid, leading to the annulment of the assessment order. The Court ruled in favor of the respondent assessee, disposing of the appeal with no order as to costs. Case-Laws Income Tax Wed, 26 Nov 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=253844