https://www.taxtmi.com/caselaws?id=756194 The ITAT Delhi dismissed the revenue's appeal challenging the validity of assessment under Section 153C. The court held that Section 153C provisions were not applicable as the notice to the other person was issued subsequent to notices under Section 153A to the searched person. The six-year block period computation should start from when notice is issued to the other person under Section 153C, making the relevant period AY 2007-08 to AY 2012-13. Therefore, no notice could be issued to reopen assessment for AY 2006-07, confirming the CIT(A)'s decision. en-us Thu, 30 May 2024 00:00:00 +0530 Mon, 29 Jul 2024 11:12:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=756194 The ITAT Delhi dismissed the revenue's appeal challenging the validity of assessment under Section 153C. The court held that Section 153C provisions were not applicable as the notice to the other person was issued subsequent to notices under Section 153A to the searched person. The six-year block period computation should start from when notice is issued to the other person under Section 153C, making the relevant period AY 2007-08 to AY 2012-13. Therefore, no notice could be issued to reopen assessment for AY 2006-07, confirming the CIT(A)'s decision. Case-Laws Income Tax Thu, 30 May 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=756194