https://www.taxtmi.com/caselaws?id=237439 The Court dismissed the Revenue's appeal, upholding the decisions of the CIT(A) and the Tribunal that the block assessment order was time-barred as it was not passed within the statutory time limit prescribed by Section 158BE of the Income Tax Act. The Court emphasized that the search operations and findings were concluded on the initial search date, and subsequent events like the Panchnama drawn did not extend the time limit for passing the assessment order. en-us Fri, 23 Aug 2013 00:00:00 +0530 Tue, 21 Apr 2026 12:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=237439 The Court dismissed the Revenue's appeal, upholding the decisions of the CIT(A) and the Tribunal that the block assessment order was time-barred as it was not passed within the statutory time limit prescribed by Section 158BE of the Income Tax Act. The Court emphasized that the search operations and findings were concluded on the initial search date, and subsequent events like the Panchnama drawn did not extend the time limit for passing the assessment order. Case-Laws Income Tax Fri, 23 Aug 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=237439