https://www.taxtmi.com/caselaws?id=448673 ITAT Delhi held that assessment under Section 153C for AY 2013-14 was invalid and void ab initio as it exceeded the six-year limitation period. The Tribunal ruled that for persons other than those searched, the limitation period must be calculated from the date when the AO receives seized documents/assets, not from the search date. Following RRJ Securities Ltd. and Jasjit Singh SC precedents, the Tribunal confirmed that assessments for AY 2003-04 and 2004-05 were also outside Section 153C scope. Revenue's appeal was dismissed. en-us Mon, 22 Jan 2024 00:00:00 +0530 Fri, 26 Jan 2024 15:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=448673 ITAT Delhi held that assessment under Section 153C for AY 2013-14 was invalid and void ab initio as it exceeded the six-year limitation period. The Tribunal ruled that for persons other than those searched, the limitation period must be calculated from the date when the AO receives seized documents/assets, not from the search date. Following RRJ Securities Ltd. and Jasjit Singh SC precedents, the Tribunal confirmed that assessments for AY 2003-04 and 2004-05 were also outside Section 153C scope. Revenue's appeal was dismissed. Case-Laws Income Tax Mon, 22 Jan 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=448673