https://www.taxtmi.com/caselaws?id=215830 The Tribunal ruled that the assessment orders dated 30.11.2004 were time-barred under Section 158BE of the Income Tax Act, 1961. The Panchnama dated 1.11.2002 did not extend the limitation period as it did not involve substantive search or seizure activities. As the search was deemed concluded on 6.9.2002, the assessment orders were considered void. Consequently, the assessments framed by the Assessing Officer were canceled, and the revenue's cross-appeals were dismissed. The Tribunal's decision was pronounced on 26th June 2012. en-us Tue, 26 Jun 2012 00:00:00 +0530 Mon, 20 Aug 2012 15:28:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=215830 The Tribunal ruled that the assessment orders dated 30.11.2004 were time-barred under Section 158BE of the Income Tax Act, 1961. The Panchnama dated 1.11.2002 did not extend the limitation period as it did not involve substantive search or seizure activities. As the search was deemed concluded on 6.9.2002, the assessment orders were considered void. Consequently, the assessments framed by the Assessing Officer were canceled, and the revenue's cross-appeals were dismissed. The Tribunal's decision was pronounced on 26th June 2012. Case-Laws Income Tax Tue, 26 Jun 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=215830