https://www.taxtmi.com/caselaws?id=783563 Proceedings under s.153C were tested against limitation, specifically whether the relevant AY fell within the six AYs immediately preceding the AY of the search, computed with reference to the date on which the AO of the searched person handed over seized material to the AO of the non-searched person. Applying SC and HC precedents holding that the six-year block under s.153C is to be reckoned with reference to the search/handing-over framework and cannot extend to AYs outside that statutory window, the Tribunal held that initiation for AY 2014-15 was time-barred; the consequent s.153C assessment was declared null and void and quashed. en-us Fri, 12 Dec 2025 00:00:00 +0530 Tue, 16 Dec 2025 17:38:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=783563 Proceedings under s.153C were tested against limitation, specifically whether the relevant AY fell within the six AYs immediately preceding the AY of the search, computed with reference to the date on which the AO of the searched person handed over seized material to the AO of the non-searched person. Applying SC and HC precedents holding that the six-year block under s.153C is to be reckoned with reference to the search/handing-over framework and cannot extend to AYs outside that statutory window, the Tribunal held that initiation for AY 2014-15 was time-barred; the consequent s.153C assessment was declared null and void and quashed. Case-Laws Income Tax Fri, 12 Dec 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=783563