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2004 (2) TMI 52 - HC - Income TaxBlock; assessment - Whether the Joint Commissioner is required to give a hearing to the assessee; and whether failure to do so will violate the principles of natural justice and thereby invalidate the “previous approval” as also the order of assessment for the block period? – Held that, in the absence of any provision for opportunity of hearing in section 158BG, there is any need for the Joint Commissioner to give a hearing to the assessee before granting "previous approval" u/s 158BG - There is no reason to interfere with the finding that Rs. 22 lakhs is the undisclosed income. There is no infirmity or violation of principles of natural justice - Tribunal is correct in law in holding that the amount of Rs. 22 lakhs constitutes income in the hands of the appellant and others
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