https://www.taxtmi.com/caselaws?id=252121 The HC held that under section 153A, the AO must issue notices for each AY within six years preceding the search and reassess total income including undisclosed income found during the search. The non obstante clause in section 153A removes restrictions under sections 147 and 148, allowing reopening of completed assessments. The AO can reassess using material available at the original assessment and not solely on search findings. The Tribunal erred in dismissing the Revenue's appeal for lack of material during the search. The HC set aside the Tribunal's order and remitted the matter for reconsideration, deciding in favor of the Revenue. en-us Fri, 11 Jul 2014 00:00:00 +0530 Fri, 01 Aug 2025 16:57:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=252121 The HC held that under section 153A, the AO must issue notices for each AY within six years preceding the search and reassess total income including undisclosed income found during the search. The non obstante clause in section 153A removes restrictions under sections 147 and 148, allowing reopening of completed assessments. The AO can reassess using material available at the original assessment and not solely on search findings. The Tribunal erred in dismissing the Revenue's appeal for lack of material during the search. The HC set aside the Tribunal's order and remitted the matter for reconsideration, deciding in favor of the Revenue. Case-Laws Income Tax Fri, 11 Jul 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=252121