https://www.taxtmi.com/caselaws?id=384272 The Court confirmed the maintainability of the writ-applications, allowing them to proceed. It clarified that the amended provisions of Section 153C of the Act, effective from 01.06.2015, apply prospectively to avoid impacting substantive rights. The Court held that alternative limitation periods should be considered for notices under Section 153C, and mere expiry of the initial period does not render the notices time-barred. Additionally, the Court determined the relevant Assessment Years under Section 153A based on the trigger of a search or requisition, leading to the quashing of impugned notices and related Assessment Orders under Section 153C. en-us Mon, 05 Aug 2019 00:00:00 +0530 Fri, 09 Aug 2019 07:22:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=384272 The Court confirmed the maintainability of the writ-applications, allowing them to proceed. It clarified that the amended provisions of Section 153C of the Act, effective from 01.06.2015, apply prospectively to avoid impacting substantive rights. The Court held that alternative limitation periods should be considered for notices under Section 153C, and mere expiry of the initial period does not render the notices time-barred. Additionally, the Court determined the relevant Assessment Years under Section 153A based on the trigger of a search or requisition, leading to the quashing of impugned notices and related Assessment Orders under Section 153C. Case-Laws Income Tax Mon, 05 Aug 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=384272