https://www.taxtmi.com/caselaws?id=59365 Section 158BD can be invoked only after the Assessing Officer of the searched person records satisfaction that seized material shows undisclosed income belonging to another person and then transmits that material to the other Assessing Officer. That recorded satisfaction is a mandatory jurisdictional precondition, and it must exist before proceedings under section 158BD commence. On the stated facts, no such satisfaction by the Assessing Officer of the searched person was produced, and the material was forwarded only after appellate proceedings in the searched person's case. The assumption of jurisdiction was therefore invalid and the block assessment was liable to be quashed. en-us Wed, 22 Aug 2007 00:00:00 +0530 Wed, 08 Aug 2012 10:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=59365 Section 158BD can be invoked only after the Assessing Officer of the searched person records satisfaction that seized material shows undisclosed income belonging to another person and then transmits that material to the other Assessing Officer. That recorded satisfaction is a mandatory jurisdictional precondition, and it must exist before proceedings under section 158BD commence. On the stated facts, no such satisfaction by the Assessing Officer of the searched person was produced, and the material was forwarded only after appellate proceedings in the searched person's case. The assumption of jurisdiction was therefore invalid and the block assessment was liable to be quashed. Case-Laws Income Tax Wed, 22 Aug 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=59365