https://www.taxtmi.com/caselaws?id=369055 The Tribunal quashed the assessment proceedings under sec. 158BD due to the lack of jurisdictional facts, as no undisclosed items related to the appellant were found during the search. The addition under sec. 68 was upheld but the commission was deleted. The Tribunal emphasized the importance of jurisdictional facts for invoking sec. 158BD, leading to the nullification of the protective assessment and highlighting the necessity of proper jurisdictional facts before initiating such proceedings. en-us Fri, 12 Oct 2018 00:00:00 +0530 Sat, 20 Oct 2018 09:58:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=369055 The Tribunal quashed the assessment proceedings under sec. 158BD due to the lack of jurisdictional facts, as no undisclosed items related to the appellant were found during the search. The addition under sec. 68 was upheld but the commission was deleted. The Tribunal emphasized the importance of jurisdictional facts for invoking sec. 158BD, leading to the nullification of the protective assessment and highlighting the necessity of proper jurisdictional facts before initiating such proceedings. Case-Laws Income Tax Fri, 12 Oct 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=369055