158BD. 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 99[under section 158BC]against such
other person and the provisions of this Chapter shall apply accordingly.