https://www.taxtmi.com/caselaws?id=273454 The Tribunal found that assessments made under Section 153A of the Income Tax Act were invalid for the year following the search year, as Section 153A only allows assessments for the six years preceding the search year. The Assessing Officer's jurisdiction in framing assessments under Section 153A was also questioned, with the Tribunal concluding that assessments exceeding the statutory limit of preceding assessment years were invalid. The judgment emphasized the importance of correctly identifying the section under which assessments are framed, highlighting the distinction between assessments under Section 143(3) and Section 153A. en-us Thu, 22 Dec 2016 00:00:00 +0530 Wed, 27 Jun 2018 17:27:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=273454 The Tribunal found that assessments made under Section 153A of the Income Tax Act were invalid for the year following the search year, as Section 153A only allows assessments for the six years preceding the search year. The Assessing Officer's jurisdiction in framing assessments under Section 153A was also questioned, with the Tribunal concluding that assessments exceeding the statutory limit of preceding assessment years were invalid. The judgment emphasized the importance of correctly identifying the section under which assessments are framed, highlighting the distinction between assessments under Section 143(3) and Section 153A. Case-Laws Income Tax Thu, 22 Dec 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=273454