https://www.taxtmi.com/caselaws?id=359264 A second notice under Section 158BD was valid because the Assessing Officer, on the basis of seized material, recorded the requisite satisfaction that undisclosed income belonged to a person other than the searched person; the fact that the same officer handled both matters did not dispense with that statutory requirement. The challenge to the notice failed. A direction under Section 144A that sought to fix undisclosed income at a higher figure was contrary to law and unsustainable; the direction was invalid. The statutory notice and consequent block assessment proceedings were upheld, and the appeal was dismissed. en-us Tue, 24 Apr 2018 00:00:00 +0530 Thu, 31 May 2018 16:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=359264 A second notice under Section 158BD was valid because the Assessing Officer, on the basis of seized material, recorded the requisite satisfaction that undisclosed income belonged to a person other than the searched person; the fact that the same officer handled both matters did not dispense with that statutory requirement. The challenge to the notice failed. A direction under Section 144A that sought to fix undisclosed income at a higher figure was contrary to law and unsustainable; the direction was invalid. The statutory notice and consequent block assessment proceedings were upheld, and the appeal was dismissed. Case-Laws Income Tax Tue, 24 Apr 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=359264