Ahmedabad on 28-08-
1997 and certain documents were seized. Block assessment
proceedings were completed in their cases as well as proceedings
u/s 158BD ... Amar Corporation
Sabera Hotel Pvt. Ltd. and M/s. Vikash Builders
block assessment orders which remained in appeal before the
learned CIT(A). The learned
158BFA(1) of the Act."
3. In the course of block assessment proceedings, the Assessing
Officer noticed that the assessee has made investment ... date of
search cannot be construed as evidence in the block assessment
proceedings. The same are not consistent with the returns filed
before the date
block
assessment order.
2
b) In upholding the estimate of sales f or each
assessment year f alling within the block period
by not appreciating ... alling in the block
period-Not justif ied-Block assessment has to be f ramed
on the basis of seized material which in this case
Block Asst. Yrs. 1987-88 to 1997-98) was initiated, it may please be noted that
there is no Satisfaction Note available in block assessment ... Apex Court has also discussed the conditions precedent for
invoking a block assessment, are that a search has been conducted
Block Asst. Yrs. 1987-88 to 1997-98) was initiated, it may please be noted that
there is no Satisfaction Note available in block assessment ... Apex Court has also discussed the conditions precedent for
invoking a block assessment, are that a search has been conducted
dated 20.12.2006
(2) Your letter dated 16.03.2007
----
In the course of Block Assessment
proceedings under section 158BC in the case of
Sri Singanamala Ramesh Babu ... material was already forwarded to your
office. During the course of Block Assessment
proceedings under section 158BD r.w.s. 158BC
in the case
counsel for the assessee at the
very outset stated that the block assessment framed by the Assessing
Officer was barred by limitation since the warrant ... Materials seized during an invalid search cannot be used in
block assessment proceedings but can be used in other
assessment proceedings under
2010
[ arising out of IT (SS) A No.190/Kol/03 ]
Block Assessment Period ... 2007
[ arising out of IT (SS) A No. 185/Kol/03 ]
Block Assessment Period
made on 23.2.95 which was beyond the
period of block assessment. The statement of Raval was not
permitted to be cross examined. It was also ... unaccounted and that it did not pertain to the period beyond block
assessment. The appellant being in control of his wife's business affairs
AWASTHY, JUDICIAL MEMBER
I.T.(SS) A. No. 159/Mds/2005
Block Assessment Period : 1989-90 to 1999-2000
(till 19.8.1999)
1. M/s Stonex ... Appellant) (Respondent)
I.T.(SS) A. No. 1/Mds/2009
Block Assessment Period : 1989-90 to 1999-2000
The Assistant Commissioner Shri R. Udayakumar
