https://www.taxtmi.com/caselaws?id=436270 SC held that the Finance Act, 2015 amendment to Section 153C applies where the books/documents/assets of a non-searched person were seized or received after 01.06.2015 even if the search under Section 132 began earlier. The proviso's deeming fiction makes the date of receipt/seizure decisive; substitution of "belongs" with "pertains" replaces the earlier provision. Applying legislative intent and purpose, the Court ruled for the Revenue, quashed the High Court's decision, and declared the amended Section 153C applicable to the cases at hand. en-us Thu, 06 Apr 2023 00:00:00 +0530 Mon, 15 Jun 2026 14:53:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=436270 SC held that the Finance Act, 2015 amendment to Section 153C applies where the books/documents/assets of a non-searched person were seized or received after 01.06.2015 even if the search under Section 132 began earlier. The proviso's deeming fiction makes the date of receipt/seizure decisive; substitution of "belongs" with "pertains" replaces the earlier provision. Applying legislative intent and purpose, the Court ruled for the Revenue, quashed the High Court's decision, and declared the amended Section 153C applicable to the cases at hand. Case-Laws Income Tax Thu, 06 Apr 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=436270