https://www.taxtmi.com/caselaws?id=34592 The court upheld the legality of the notice issued under Section 158-BD of the Income Tax Act, ruling that it was validly invoked despite the absence of search and seizure at the petitioner's business premises. The court emphasized the importance of the assessing authority's satisfaction and clarified that action under Section 158-BD can be taken if undisclosed income belongs to a person other than the one searched. The request for the release of seized documents was denied, as the items were deemed essential for the assessment proceedings. The court dismissed the writ petitions, finding no merit in the petitioner's arguments. en-us Fri, 18 Sep 2009 00:00:00 +0530 Mon, 21 Sep 2009 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=34592 The court upheld the legality of the notice issued under Section 158-BD of the Income Tax Act, ruling that it was validly invoked despite the absence of search and seizure at the petitioner's business premises. The court emphasized the importance of the assessing authority's satisfaction and clarified that action under Section 158-BD can be taken if undisclosed income belongs to a person other than the one searched. The request for the release of seized documents was denied, as the items were deemed essential for the assessment proceedings. The court dismissed the writ petitions, finding no merit in the petitioner's arguments. Case-Laws Income Tax Fri, 18 Sep 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=34592