https://www.taxtmi.com/caselaws?id=753384 Section 153C jurisdiction for a third-party assessment based on seized material is determined by the date on which the material is received by the Assessing Officer having jurisdiction over that person. Where seized cash and related material were received in the previous year relevant to assessment year 2021-22, the applicable six-year period had to be reckoned from that date. Assessment for assessment year 2020-21 under section 143(3), without issuing notice under section 153C, constituted a jurisdictional error. The assessment was therefore invalid and quashed, rendering the addition and remaining grounds academic. en-us Wed, 10 Jan 2024 00:00:00 +0530 Thu, 30 May 2024 11:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=753384 Section 153C jurisdiction for a third-party assessment based on seized material is determined by the date on which the material is received by the Assessing Officer having jurisdiction over that person. Where seized cash and related material were received in the previous year relevant to assessment year 2021-22, the applicable six-year period had to be reckoned from that date. Assessment for assessment year 2020-21 under section 143(3), without issuing notice under section 153C, constituted a jurisdictional error. The assessment was therefore invalid and quashed, rendering the addition and remaining grounds academic. Case-Laws Income Tax Wed, 10 Jan 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=753384