https://www.taxtmi.com/caselaws?id=2889 SC held that the prerequisites for invoking a block assessment under Sections 158BC/158BD were not satisfied: no search under s.132 nor requisition under s.132A had properly led to initiation of proceedings, the Assessing Officer failed to record mandatory satisfaction or transfer seized documents to the AO having jurisdiction over the other person, and no proceeding under s.158BC was initiated. The use of a prescribed form without specifying assessee status evidenced patent non-application of mind. High Court judgments were set aside and the appeals were allowed, with no order as to costs. en-us Fri, 23 Feb 2007 00:00:00 +0530 Tue, 16 Sep 2025 12:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=2889 SC held that the prerequisites for invoking a block assessment under Sections 158BC/158BD were not satisfied: no search under s.132 nor requisition under s.132A had properly led to initiation of proceedings, the Assessing Officer failed to record mandatory satisfaction or transfer seized documents to the AO having jurisdiction over the other person, and no proceeding under s.158BC was initiated. The use of a prescribed form without specifying assessee status evidenced patent non-application of mind. High Court judgments were set aside and the appeals were allowed, with no order as to costs. Case-Laws Income Tax Fri, 23 Feb 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=2889