https://www.taxtmi.com/caselaws?id=787086 Assessment for A.Y. 2022-23 was held time barred because the limitation period is computed under the fourth proviso to Section 153 and excludes only the portion of the search-to-handing-over interval that falls within the limitation period, subject to a 180 day cap. With search on 04/01/2023 and handing over on 22/08/2023, 144 days fell inside the limitation year commencing 01/04/2023; adding those excluded days extended the deadline to 22/08/2024, rendering the 27/09/2024 assessment order beyond time and thus barred and quashed. en-us Wed, 18 Feb 2026 00:00:00 +0530 Thu, 26 Feb 2026 07:35:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=787086 Assessment for A.Y. 2022-23 was held time barred because the limitation period is computed under the fourth proviso to Section 153 and excludes only the portion of the search-to-handing-over interval that falls within the limitation period, subject to a 180 day cap. With search on 04/01/2023 and handing over on 22/08/2023, 144 days fell inside the limitation year commencing 01/04/2023; adding those excluded days extended the deadline to 22/08/2024, rendering the 27/09/2024 assessment order beyond time and thus barred and quashed. Case-Laws Income Tax Wed, 18 Feb 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=787086