Where the Assessing Officer is satisfied that any undisclosed income belongs
to any person, other than the person with respect to whom search was made under
section 132 or whose books of account or other documents or any assets were
requisitioned under section 132A, then, the books of account, other documents or
assets seized or requisitioned shall be handed over to the Assessing Officer
having jurisdiction over such other person and that Assessing Officer shall
proceed 1 under section 158BC against such other person and the provisions of
this Chapter shall apply accordingly.
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1. Ins. by s. 67, ibid. (w.e.f. 1-6-2002).
Section 158BA Assessment of undisclosed income as a result of search
Section 158BB Computation of undisclosed income of the block period
Section 158BC Procedure for block assessment
Section 158BD Undisclosed income of any other person
Section 158BE Time limit for completion of block assessment
Section 158BF Certain interests and penalties not to be levied or imposed
Section 158BFA Levy of interest and penalty in certain cases
Section 158BG Authority competent to make the block assessment
Section 158BH Application of other provisions of this Act
Section 158BI Chapter not to apply after certain date