2010 (4) TMI 265

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..... ment under Chapter XIV B of the Act. [M/s Hotel Blue Moon (2010 -TMI - 35251 - SUPREME COURT OF INDIA)] - 291 of 2007 and 372 of 2009 - - - Dated:- 7-4-2010 - CORAM: HON'BLE MR. JUSTICE M.M. KUMAR HON'BLE MR. JUSTICE JITENDRA CHAUHAN Present: Mr.Salil Kapoor, Advocate for the appellant Ms. N.P.K.Singh, Advocate for the respondent revenue M.M.KUMAR .....

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..... der passed under Section 158 BC, the Tribunal was not competent to go into the satisfaction recorded under Section 132 of the Income Tax Act prior to initiation of search? II) Whether in facts and circumstances of the case, the ITAT was correct in law in holding that the proviso to Section 143(2) did not apply to the Block Assessment framed under Section 158 BC of the Income Tax Act." The asse .....

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..... . Ms. N.P.K.Singh, counsel for the Revenue has put in appearance. Mr. Salil Kapoor, learned counsel for the assessee has submitted that question No. II has been answered by Hon'ble the Supreme Court in favour of the assessee in the case of M/s Blue Moon (supra) and in view thereof question No. I has been rendered academic. According to the learned counsel once the period of limitation provided .....

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