https://www.taxtmi.com/caselaws?id=186195 The Tribunal allowed the appeal, emphasizing adherence to procedural requirements and timelines under section 158BD of the Income Tax Act. It highlighted the importance of validly issuing notices and conducting assessments within the statutory framework for the legality and validity of tax assessments. The Tribunal quashed the block assessment due to the untimely issuance of the notice under section 158BD, aligning with legal precedents and emphasizing the necessity of complying with procedural rules in tax matters. en-us Tue, 21 Dec 2010 00:00:00 +0530 Mon, 21 Aug 2023 16:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=186195 The Tribunal allowed the appeal, emphasizing adherence to procedural requirements and timelines under section 158BD of the Income Tax Act. It highlighted the importance of validly issuing notices and conducting assessments within the statutory framework for the legality and validity of tax assessments. The Tribunal quashed the block assessment due to the untimely issuance of the notice under section 158BD, aligning with legal precedents and emphasizing the necessity of complying with procedural rules in tax matters. Case-Laws Income Tax Tue, 21 Dec 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=186195