https://www.taxtmi.com/caselaws?id=766655 ITAT Delhi held that assessment under section 143(3) was improper where satisfaction note for section 153C proceedings was recorded on 10-10-2022, making AY 2023-24 the relevant assessment year for search. The six assessment years for section 153C proceedings were AY 2017-18 to 2022-23, and since the impugned year AY 2021-22 fell within this block period, assessment should have been completed under section 153C, not section 143(3). The assessment order dated 28.12.22 was quashed and assessee's appeal was allowed. en-us Thu, 27 Feb 2025 00:00:00 +0530 Sat, 01 Mar 2025 08:25:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=766655 ITAT Delhi held that assessment under section 143(3) was improper where satisfaction note for section 153C proceedings was recorded on 10-10-2022, making AY 2023-24 the relevant assessment year for search. The six assessment years for section 153C proceedings were AY 2017-18 to 2022-23, and since the impugned year AY 2021-22 fell within this block period, assessment should have been completed under section 153C, not section 143(3). The assessment order dated 28.12.22 was quashed and assessee's appeal was allowed. Case-Laws Income Tax Thu, 27 Feb 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=766655