Proceedings u/s 158BD not tenable where satisfaction note is not on record

Brief of the Case

Delhi High Court held In the case of Haryana Paneer Bhandar vs. CIT. that the Revenue has been unable to produce the satisfaction note of the AO of the searched person. Consequently, on this short ground of there being no satisfaction note, which is a mandatory requirement under Section 158BD.

Facts of the Case

The Assessee is a partnership firm engaged in the business of manufacture and sal

Please become a Premium member. If you are already a Premium member, login here to access the full content.