Stay on Special Audit Implies Stay of Assessment Proceedings : SC

CA Isha Seth Relevant Sections: Section 158BC(c): Where any search has been conducted under section 132 or books of account, other documents or assets are requisitioned under section 132A, in the case of any person, then,—  (c) the Assessing Officer, on determination of the undisclosed income of the block period in accordance with this Chapter, shall pass an order of assessment and determine the tax payable by him on the basis of such assessment;[RELEVANT EXTRACT] Section 158BE: (1) The order under section 158BC shall be passed— (b) within two years from the end of the month in whi...