https://www.taxtmi.com/caselaws?id=754460 Kerala HC held that assessment orders u/s 153A for multiple assessment years are invalid when search u/s 132 yields no incriminating material for those specific years. The court ruled that while search material may provide jurisdiction for block assessment of six years, AO must relate unearthed material to each individual assessment year when passing fresh orders. Since search conducted yielded material only for AY 2008-09 and no incriminating evidence for AY 2002-03 to 2007-08, assessments for those years were set aside. Tribunal's contrary decision was reversed, ruling in favor of assessees. en-us Wed, 19 Jun 2024 00:00:00 +0530 Mon, 03 Mar 2025 12:10:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=754460 Kerala HC held that assessment orders u/s 153A for multiple assessment years are invalid when search u/s 132 yields no incriminating material for those specific years. The court ruled that while search material may provide jurisdiction for block assessment of six years, AO must relate unearthed material to each individual assessment year when passing fresh orders. Since search conducted yielded material only for AY 2008-09 and no incriminating evidence for AY 2002-03 to 2007-08, assessments for those years were set aside. Tribunal's contrary decision was reversed, ruling in favor of assessees. Case-Laws Income Tax Wed, 19 Jun 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=754460