https://www.taxtmi.com/caselaws?id=183643 The Tribunal rectified its earlier decision by acknowledging the proper recording of satisfaction by the Assessing Officer of the person searched, as evidenced by the letter dated 21.08.2000. Consequently, the assessment and penalty orders under Sections 158BC and 158BFA were reinstated for further consideration on merits, with the matter to be reviewed by the regular bench. The Tribunal's rectification clarified the jurisdictional facts, leading to the restoration of the Revenue's appeals for a comprehensive review. en-us Fri, 17 Oct 2014 00:00:00 +0530 Fri, 17 Jun 2016 08:43:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=183643 The Tribunal rectified its earlier decision by acknowledging the proper recording of satisfaction by the Assessing Officer of the person searched, as evidenced by the letter dated 21.08.2000. Consequently, the assessment and penalty orders under Sections 158BC and 158BFA were reinstated for further consideration on merits, with the matter to be reviewed by the regular bench. The Tribunal's rectification clarified the jurisdictional facts, leading to the restoration of the Revenue's appeals for a comprehensive review. Case-Laws Income Tax Fri, 17 Oct 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=183643