https://www.taxtmi.com/caselaws?id=219149 Block assessment limitation under Section 158BE runs from the end of the month in which the last search authorisation is executed. A later visit only to inspect materials covered by a prohibitory order does not amount to a fresh search, and later panchnamas cannot extend the limitation period. On the facts, the search was concluded when the search party left the premises, so the later panchnamas could not shift the starting point of limitation. The block assessment order was therefore held time-barred and set aside in favour of the assessee. en-us Tue, 25 Sep 2012 00:00:00 +0530 Tue, 24 Sep 2024 16:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=219149 Block assessment limitation under Section 158BE runs from the end of the month in which the last search authorisation is executed. A later visit only to inspect materials covered by a prohibitory order does not amount to a fresh search, and later panchnamas cannot extend the limitation period. On the facts, the search was concluded when the search party left the premises, so the later panchnamas could not shift the starting point of limitation. The block assessment order was therefore held time-barred and set aside in favour of the assessee. Case-Laws Income Tax Tue, 25 Sep 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=219149