https://www.taxtmi.com/caselaws?id=184134 The Tribunal dismissed the revenue's appeal, upholding the order of the CIT (A) due to invalid proceedings under section 158BD and lack of jurisdiction by the Assessing Officer. The Tribunal found that the conditions for assuming jurisdiction were not met, rendering the proceedings invalid. As a result, the Tribunal did not delve into the merits of the additions made by the A.O. and ultimately ruled in favor of the assessee. en-us Sat, 04 Oct 2008 00:00:00 +0530 Thu, 30 Jun 2016 13:24:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=184134 The Tribunal dismissed the revenue's appeal, upholding the order of the CIT (A) due to invalid proceedings under section 158BD and lack of jurisdiction by the Assessing Officer. The Tribunal found that the conditions for assuming jurisdiction were not met, rendering the proceedings invalid. As a result, the Tribunal did not delve into the merits of the additions made by the A.O. and ultimately ruled in favor of the assessee. Case-Laws Income Tax Sat, 04 Oct 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=184134