https://www.taxtmi.com/caselaws?id=302057 The High Court upheld the Tribunal's decision, emphasizing the importance of the assessing officer's satisfaction note being prepared promptly after completing the assessment proceedings of the searched person under Section 158BC. Failure to comply rendered the proceedings under Section 158BD invalid. The Court stressed procedural compliance and the need for recording satisfaction correctly, leading to the dismissal of the appeal without addressing the substantial legal questions raised. en-us Tue, 02 Dec 2014 00:00:00 +0530 Mon, 02 May 2022 21:56:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=302057 The High Court upheld the Tribunal's decision, emphasizing the importance of the assessing officer's satisfaction note being prepared promptly after completing the assessment proceedings of the searched person under Section 158BC. Failure to comply rendered the proceedings under Section 158BD invalid. The Court stressed procedural compliance and the need for recording satisfaction correctly, leading to the dismissal of the appeal without addressing the substantial legal questions raised. Case-Laws Income Tax Tue, 02 Dec 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=302057