https://www.taxtmi.com/caselaws?id=463459 HC allowed the writ, holding that invocation of s.153C is confined to assessments/years to which recovered material specifically relates or is likely to affect. The court affirmed that "incriminating material" must be identified with respect to the relevant AY(s) before initiating proceedings; mere statutory power to reassess the preceding block of years does not permit blanket or indiscriminate use of s.153C. The AO must be satisfied that the material is likely to bear on the total income of particular year(s) and then issue notice limited to those year(s); absent such link, s.153C cannot be invoked. en-us Mon, 06 May 2024 00:00:00 +0530 Tue, 02 Sep 2025 19:03:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=463459 HC allowed the writ, holding that invocation of s.153C is confined to assessments/years to which recovered material specifically relates or is likely to affect. The court affirmed that "incriminating material" must be identified with respect to the relevant AY(s) before initiating proceedings; mere statutory power to reassess the preceding block of years does not permit blanket or indiscriminate use of s.153C. The AO must be satisfied that the material is likely to bear on the total income of particular year(s) and then issue notice limited to those year(s); absent such link, s.153C cannot be invoked. Case-Laws Income Tax Mon, 06 May 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=463459