<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>Substitution of new section for section 158BD.</title>
    <link>https://www.taxtmi.com/acts?id=50507</link>
    <description>Seized or requisitioned assets, books, documents or related material found to pertain to a person other than the specified person must be transferred to the Assessing Officer having jurisdiction over that other person, who shall proceed under the block assessment procedure. The other person&#039;s block period is aligned with the relevant specified person (single specified person or, if multiple, the one with the latest ending block period). For abatement purposes, the reference date is when the jurisdictional Assessing Officer receives the seized materials.</description>
    <language>en-us</language>
    <pubDate>Tue, 01 Apr 2025 13:14:23 +0530</pubDate>
    <lastBuildDate>Thu, 03 Apr 2025 11:54:42 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=810782" rel="self" type="application/rss+xml"/>
    <item>
      <title>Substitution of new section for section 158BD.</title>
      <link>https://www.taxtmi.com/acts?id=50507</link>
      <description>Seized or requisitioned assets, books, documents or related material found to pertain to a person other than the specified person must be transferred to the Assessing Officer having jurisdiction over that other person, who shall proceed under the block assessment procedure. The other person&#039;s block period is aligned with the relevant specified person (single specified person or, if multiple, the one with the latest ending block period). For abatement purposes, the reference date is when the jurisdictional Assessing Officer receives the seized materials.</description>
      <category>Act-Rules</category>
      <law>F. Acts / Amendment Acts</law>
      <pubDate>Tue, 01 Apr 2025 13:14:23 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/acts?id=50507</guid>
    </item>
  </channel>
</rss>