https://www.taxtmi.com/caselaws?id=13245 Block assessment proceedings under section 158BC cannot be validly initiated without a search warrant in the assessees' names. On the facts noted, the proceedings for the block period were started without such warrants, and the Tribunal treated the initiation as without jurisdiction and ab initio void. The High Court further observed that no addition had been made in either matter on the basis of assets found in the lockers, reinforcing that interference was unnecessary. The operative point is that the absence of a search warrant in the assessees' names defeated the jurisdictional basis for block assessment initiation. en-us Fri, 09 Jan 2004 00:00:00 +0530 Thu, 01 Dec 2016 17:33:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=13245 Block assessment proceedings under section 158BC cannot be validly initiated without a search warrant in the assessees' names. On the facts noted, the proceedings for the block period were started without such warrants, and the Tribunal treated the initiation as without jurisdiction and ab initio void. The High Court further observed that no addition had been made in either matter on the basis of assets found in the lockers, reinforcing that interference was unnecessary. The operative point is that the absence of a search warrant in the assessees' names defeated the jurisdictional basis for block assessment initiation. Case-Laws Income Tax Fri, 09 Jan 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=13245