https://www.taxtmi.com/caselaws?id=382535 The Court found the writ-applications maintainable, addressing key questions including the applicability of Section 153C of the Act to searches initiated before 01.06.2015. It clarified that the amended provisions of Section 153C would apply retrospectively to protect substantive rights. Regarding the limitation period for notice under Section 153C, the Court held that alternative limitations should be considered. The Court interpreted Section 153A concerning relevant assessment years and specified the applicable years based on search dates. Ultimately, the Court quashed impugned notices and invalidated assessment orders due to lack of jurisdiction, allowing the petition and setting aside related orders under Section 153C. en-us Mon, 24 Jun 2019 00:00:00 +0530 Fri, 05 Jul 2019 06:42:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=382535 The Court found the writ-applications maintainable, addressing key questions including the applicability of Section 153C of the Act to searches initiated before 01.06.2015. It clarified that the amended provisions of Section 153C would apply retrospectively to protect substantive rights. Regarding the limitation period for notice under Section 153C, the Court held that alternative limitations should be considered. The Court interpreted Section 153A concerning relevant assessment years and specified the applicable years based on search dates. Ultimately, the Court quashed impugned notices and invalidated assessment orders due to lack of jurisdiction, allowing the petition and setting aside related orders under Section 153C. Case-Laws Income Tax Mon, 24 Jun 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=382535