Thursday 23 January 2014

No block assessment relying on docs seized from other person which didn’t have assessee’s name on it

IT : Where on basis of documents seized in case of one 'R', block assessment proceedings under section 158BD were initiated against assessee, in view of fact that Assessing Officer who completed assessment of 'R' had not made any reference of assessee in his order, impugned proceedings deserved to be quashed


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