https://www.taxtmi.com/caselaws?id=204561 A search under the Income-tax Act was treated as having ended on 21-12-2002 because the prohibitory order issued under section 132(3) was revoked the same day at 3.15 p.m., and no fresh order followed. The later panchnama dated 3-1-2003 did not show that the search continued in close proximity or continuity, nor did it support an inference that it was drawn to extend the search period. As only a brief search was recorded between 5.05 p.m. and 5.15 p.m. on 3-1-2003, the later panchnama did not alter the legal position. The Tribunal's finding was upheld and the Revenue's appeal failed. en-us Fri, 15 May 2009 00:00:00 +0530 Thu, 21 Jul 2011 16:05:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=204561 A search under the Income-tax Act was treated as having ended on 21-12-2002 because the prohibitory order issued under section 132(3) was revoked the same day at 3.15 p.m., and no fresh order followed. The later panchnama dated 3-1-2003 did not show that the search continued in close proximity or continuity, nor did it support an inference that it was drawn to extend the search period. As only a brief search was recorded between 5.05 p.m. and 5.15 p.m. on 3-1-2003, the later panchnama did not alter the legal position. The Tribunal's finding was upheld and the Revenue's appeal failed. Case-Laws Income Tax Fri, 15 May 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=204561