https://www.taxtmi.com/caselaws?id=784033 Section 153C proceedings were held unsustainable where the ten-year block period was computed from the end of the assessment year relevant to the year of search or receipt of seized material, leaving the impugned years outside limitation; the notices and assessments were therefore barred. Jurisdiction was also found invalid because the additions were made from regular books and audited financial statements, not from incriminating seized material relating to the assessee and the relevant years; the statutory precondition for assumption of jurisdiction was not met. The appellate relief was upheld and the Revenue's appeals were dismissed. en-us Tue, 25 Nov 2025 00:00:00 +0530 Wed, 25 Mar 2026 11:25:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=784033 Section 153C proceedings were held unsustainable where the ten-year block period was computed from the end of the assessment year relevant to the year of search or receipt of seized material, leaving the impugned years outside limitation; the notices and assessments were therefore barred. Jurisdiction was also found invalid because the additions were made from regular books and audited financial statements, not from incriminating seized material relating to the assessee and the relevant years; the statutory precondition for assumption of jurisdiction was not met. The appellate relief was upheld and the Revenue's appeals were dismissed. Case-Laws Income Tax Tue, 25 Nov 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=784033