https://www.taxtmi.com/caselaws?id=753384 Jurisdiction for a third-party assessment based on seized material is linked to the date the material is received by the Assessing Officer of the other person, and the six-year period under section 153C runs from that date. On the stated facts, the seized cash and related material were handed over on 16.03.2021, falling in the next previous year, so assessment for assessment year 2020-21 could not validly proceed under section 143(3) without a notice under section 153C. The note states that this was a jurisdictional error, rendering the assessment invalid and making the 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 Jurisdiction for a third-party assessment based on seized material is linked to the date the material is received by the Assessing Officer of the other person, and the six-year period under section 153C runs from that date. On the stated facts, the seized cash and related material were handed over on 16.03.2021, falling in the next previous year, so assessment for assessment year 2020-21 could not validly proceed under section 143(3) without a notice under section 153C. The note states that this was a jurisdictional error, rendering the assessment invalid and making the remaining grounds academic. Case-Laws Income Tax Wed, 10 Jan 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=753384