https://www.taxtmi.com/caselaws?id=779297 ITAT DELHI - AT dismissed the Revenue's appeal, holding the assessment under section 153C to be time-barred because the relevant assessment year fell beyond the ten-assessment-year limit measured from the date of satisfaction recorded under section 153C. The tribunal followed precedents of higher courts construing the date of satisfaction under the first proviso to section 153C as the date of search for computing limitation. Consequently, the appellate order setting aside the assessment was sustained and the reassessment was held invalid. en-us Fri, 26 Sep 2025 00:00:00 +0530 Fri, 03 Oct 2025 08:30:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=779297 ITAT DELHI - AT dismissed the Revenue's appeal, holding the assessment under section 153C to be time-barred because the relevant assessment year fell beyond the ten-assessment-year limit measured from the date of satisfaction recorded under section 153C. The tribunal followed precedents of higher courts construing the date of satisfaction under the first proviso to section 153C as the date of search for computing limitation. Consequently, the appellate order setting aside the assessment was sustained and the reassessment was held invalid. Case-Laws Income Tax Fri, 26 Sep 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=779297