https://www.taxtmi.com/caselaws?id=14499 The dominant issue was whether initiation of block assessment against a third party under s.158BD was invalid for want of written "satisfaction" and prior hearing, and for alleged non-compliance with s.132(9A) in handing over seized material. The HC held that the authorized officer/competent authority had sufficient satisfaction that the seized documents reflected undisclosed income of the appellant, and s.158BD does not mandate such satisfaction to be recorded in writing; nor does it require any pre-satisfaction hearing, as the satisfaction is administrative and hearing is afforded at the assessment stage. The HC further upheld that the seized books/documents were validly handed over to the appellant's AO to enable correct assessment, and affirmed the factual finding that cash credits were unexplained, dismissing the appeal. en-us Fri, 08 Dec 2000 00:00:00 +0530 Tue, 06 Jan 2026 13:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=14499 The dominant issue was whether initiation of block assessment against a third party under s.158BD was invalid for want of written "satisfaction" and prior hearing, and for alleged non-compliance with s.132(9A) in handing over seized material. The HC held that the authorized officer/competent authority had sufficient satisfaction that the seized documents reflected undisclosed income of the appellant, and s.158BD does not mandate such satisfaction to be recorded in writing; nor does it require any pre-satisfaction hearing, as the satisfaction is administrative and hearing is afforded at the assessment stage. The HC further upheld that the seized books/documents were validly handed over to the appellant's AO to enable correct assessment, and affirmed the factual finding that cash credits were unexplained, dismissing the appeal. Case-Laws Income Tax Fri, 08 Dec 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=14499