https://www.taxtmi.com/caselaws?id=785495 Validity of protective assessment under the Income-tax Act where substantive proceedings under the Black Money (Undisclosed Foreign Income and Assets) Act remain pending. The tribunal noted assessments relied on search material and information from an overseas company but concluded the Assessing Officer completed the protective Income-tax assessment prematurely before conclusion of Black Money Act proceedings; the appellate authority deleted the protective assessment for lack of incriminating material on record, and the tribunal declined to disturb that deletion, dismissing the Revenues grounds. en-us Wed, 21 Jan 2026 00:00:00 +0530 Sat, 24 Jan 2026 13:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=785495 Validity of protective assessment under the Income-tax Act where substantive proceedings under the Black Money (Undisclosed Foreign Income and Assets) Act remain pending. The tribunal noted assessments relied on search material and information from an overseas company but concluded the Assessing Officer completed the protective Income-tax assessment prematurely before conclusion of Black Money Act proceedings; the appellate authority deleted the protective assessment for lack of incriminating material on record, and the tribunal declined to disturb that deletion, dismissing the Revenues grounds. Case-Laws Income Tax Wed, 21 Jan 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=785495