https://www.taxtmi.com/caselaws?id=451174 HC held assessments under s.153C invalid as barred by limitation. Search occurred 11.10.2012 but satisfaction was recorded only on 27.03.2019, about seven years later; this delay, coupled with identical assessing officer for searched person and petitioner, rendered handover and consequential assessments prejudicial and unjustified. Reckoning six-year limitation from satisfaction limited reach to AY 2013-14, leaving contested assessment years time-barred and the s.153B completion periods lapsed. Impugned assessment orders quashed; decision for the assessee. en-us Tue, 12 Mar 2024 00:00:00 +0530 Wed, 10 Sep 2025 13:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=451174 HC held assessments under s.153C invalid as barred by limitation. Search occurred 11.10.2012 but satisfaction was recorded only on 27.03.2019, about seven years later; this delay, coupled with identical assessing officer for searched person and petitioner, rendered handover and consequential assessments prejudicial and unjustified. Reckoning six-year limitation from satisfaction limited reach to AY 2013-14, leaving contested assessment years time-barred and the s.153B completion periods lapsed. Impugned assessment orders quashed; decision for the assessee. Case-Laws Income Tax Tue, 12 Mar 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=451174