2009 (11) TMI 524

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....r of the Income-tax Appellate Tribunal cancelling block assessment completed against the respondent-assessee for the period from April 1, 1989, to September 17, 1998, pursuant to search made on September 17, 1998, and September 30, 1998. Search was conducted not only in the premises of the respondent-assessee but also in the premises of purchaser of a two storeyed building from the respondent-asse....

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....e other hand submitted that annexure E does not contain sufficient materials to make assessment against the assessee. However, we find from the order of the assessing authority and that of the first appellate authority that block assessment against the assessee is not made solely on the basis of annexure E docu-ment seized from her. On the other hand, the accounts seized from the purchaser, the va....