https://www.taxtmi.com/caselaws?id=259748 Limitation for a block assessment under Section 158BE depends on the date the search is concluded as recorded in the last panchnama under Explanation 2(a). The court treated the proceedings on 31 January 2000 as the operative end of the search because the restraint order under Section 132(3) was lifted, the keys were returned, and the panchnama recorded final conclusion of the search at 15:30 hours. The earlier date of 8 December 1999 was rejected for limitation purposes, and the assessment was held to be within time. en-us Tue, 12 May 2015 00:00:00 +0530 Sat, 07 Nov 2015 16:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=259748 Limitation for a block assessment under Section 158BE depends on the date the search is concluded as recorded in the last panchnama under Explanation 2(a). The court treated the proceedings on 31 January 2000 as the operative end of the search because the restraint order under Section 132(3) was lifted, the keys were returned, and the panchnama recorded final conclusion of the search at 15:30 hours. The earlier date of 8 December 1999 was rejected for limitation purposes, and the assessment was held to be within time. Case-Laws Income Tax Tue, 12 May 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=259748