https://www.taxtmi.com/manuals?id=1364 Assessment under Section 153A is triggered by search or requisition of books, documents or assets and requires a notice compelling return filing for specified assessment years. The AO may assess where he possesses books, documents or evidence showing income represented by assets has escaped assessment and meets a specified threshold, the escape pertains to the relevant year(s), and the search/requisition falls within the statutory temporal parameters. "Relevant assessment year" and "asset" are defined to extend the look-back and encompass specified asset classes; annulled proceedings may be revived on receipt of annulment orders. en-us Thu, 31 Dec 2015 15:04:00 +0530 Mon, 05 Aug 2024 16:58:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=1364 Assessment under Section 153A is triggered by search or requisition of books, documents or assets and requires a notice compelling return filing for specified assessment years. The AO may assess where he possesses books, documents or evidence showing income represented by assets has escaped assessment and meets a specified threshold, the escape pertains to the relevant year(s), and the search/requisition falls within the statutory temporal parameters. "Relevant assessment year" and "asset" are defined to extend the look-back and encompass specified asset classes; annulled proceedings may be revived on receipt of annulment orders. Manuals Income Tax Thu, 31 Dec 2015 15:04:00 +0530 https://www.taxtmi.com/manuals?id=1364