https://www.taxtmi.com/caselaws?id=382491 The Court found the writ applications maintainable and addressed the validity of notices issued under Section 153C of the Income Tax Act, 1961. It held that the amended provisions of Section 153C apply prospectively from 01.06.2015. The Court clarified that the expiration of one limitation period does not render notices time-barred. Regarding the assessment years under Section 153A, the Court explained the computation based on search dates. Ultimately, the Court quashed the notices and assessment orders under Section 153C, ruling the proceedings were without jurisdiction, aligning with established legal principles. en-us Mon, 24 Jun 2019 00:00:00 +0530 Wed, 03 Jul 2019 14:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=382491 The Court found the writ applications maintainable and addressed the validity of notices issued under Section 153C of the Income Tax Act, 1961. It held that the amended provisions of Section 153C apply prospectively from 01.06.2015. The Court clarified that the expiration of one limitation period does not render notices time-barred. Regarding the assessment years under Section 153A, the Court explained the computation based on search dates. Ultimately, the Court quashed the notices and assessment orders under Section 153C, ruling the proceedings were without jurisdiction, aligning with established legal principles. Case-Laws Income Tax Mon, 24 Jun 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=382491