https://www.taxtmi.com/caselaws?id=176358 The Tribunal allowed the assessee's appeal, quashing both the notice under Section 158BD and the assessment order under Section 158BC, as the initiation of action under Section 158BD after the completion of assessment in the Jayaraj Group case was deemed invalid. The Tribunal emphasized the requirement for satisfaction recording under Section 158BD to be done by the Assessing Officer of the person searched during the proceedings under Section 158BC. Consequently, the assessment order under Section 158BC was also quashed due to the invalid notice under Section 158BD. en-us Fri, 30 Sep 2011 00:00:00 +0530 Wed, 20 Sep 2017 11:08:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=176358 The Tribunal allowed the assessee's appeal, quashing both the notice under Section 158BD and the assessment order under Section 158BC, as the initiation of action under Section 158BD after the completion of assessment in the Jayaraj Group case was deemed invalid. The Tribunal emphasized the requirement for satisfaction recording under Section 158BD to be done by the Assessing Officer of the person searched during the proceedings under Section 158BC. Consequently, the assessment order under Section 158BC was also quashed due to the invalid notice under Section 158BD. Case-Laws Income Tax Fri, 30 Sep 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=176358