https://www.taxtmi.com/caselaws?id=762074 The ITAT Delhi quashed assessment orders for AY 2011-12 and 2012-13 under Section 153C, ruling they fell beyond the six-year limitation period from the satisfaction date of 26/09/2018. The tribunal found the assessing officer lacked jurisdiction as these years preceded the permissible AY 2013-14 to 2018-19 range. Additionally, the satisfaction recorded for reopening assessments was deemed invalid due to absence of specific year-wise details and failure to establish correlation between seized documents and respective assessment years. The appeal was allowed. en-us Wed, 20 Nov 2024 00:00:00 +0530 Sat, 23 Nov 2024 08:01:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=762074 The ITAT Delhi quashed assessment orders for AY 2011-12 and 2012-13 under Section 153C, ruling they fell beyond the six-year limitation period from the satisfaction date of 26/09/2018. The tribunal found the assessing officer lacked jurisdiction as these years preceded the permissible AY 2013-14 to 2018-19 range. Additionally, the satisfaction recorded for reopening assessments was deemed invalid due to absence of specific year-wise details and failure to establish correlation between seized documents and respective assessment years. The appeal was allowed. Case-Laws Income Tax Wed, 20 Nov 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=762074