https://www.taxtmi.com/article/detailed?id=14978 Discovery of incriminating material relating to a third party does not by itself authorise reopening all block assessment years; section 153C requires (i) recording by the search officer that seized material belongs to a third party and (ii) recording by the third party's assessing officer that the material bears on determination of that third party's total income, and there must be a direct nexus between seized records and each assessment year sought to be reopened. en-us Wed, 20 Aug 2025 08:37:59 +0530 Wed, 20 Aug 2025 08:37:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=14978 Discovery of incriminating material relating to a third party does not by itself authorise reopening all block assessment years; section 153C requires (i) recording by the search officer that seized material belongs to a third party and (ii) recording by the third party's assessing officer that the material bears on determination of that third party's total income, and there must be a direct nexus between seized records and each assessment year sought to be reopened. Articles Other Topics Wed, 20 Aug 2025 08:37:59 +0530 https://www.taxtmi.com/article/detailed?id=14978