https://www.taxtmi.com/caselaws?id=463986 HC held that invocation of s.153C requires the assessing officer to be satisfied that seized material is likely to bear on or affect the total income of specific assessment years and must then issue notice only for those years. The power to assess is confined to years to which the material relates or may influence; absent material casting doubt on income estimation for particular years, the AO cannot validly invoke s.153C. The HC allowed the writ petitions and quashed the impugned s.153C notices. en-us Thu, 11 Jul 2024 00:00:00 +0530 Thu, 25 Sep 2025 13:47:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=463986 HC held that invocation of s.153C requires the assessing officer to be satisfied that seized material is likely to bear on or affect the total income of specific assessment years and must then issue notice only for those years. The power to assess is confined to years to which the material relates or may influence; absent material casting doubt on income estimation for particular years, the AO cannot validly invoke s.153C. The HC allowed the writ petitions and quashed the impugned s.153C notices. Case-Laws Income Tax Thu, 11 Jul 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=463986