https://www.taxtmi.com/caselaws?id=467217 Whether a final assessment under search-related provisions was time-barred: the Tribunal applied the statutory time-code for search assessments, holding that section 153B prescribes the outer completion period (18 months from end of financial year of last search authorization or 12 months from end of year when seized materials were handed over, whichever is later) and that eligibility under the dispute resolution provision did not extend that limit. On the facts the assessment dated 19.01.2024 fell beyond the prescribed period ending 31.03.2023, so the assessment under the search provisions was held time-barred and void ab initio, and appeals were allowed for the assessee. en-us Tue, 29 Oct 2024 00:00:00 +0530 Tue, 10 Mar 2026 23:34:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=467217 Whether a final assessment under search-related provisions was time-barred: the Tribunal applied the statutory time-code for search assessments, holding that section 153B prescribes the outer completion period (18 months from end of financial year of last search authorization or 12 months from end of year when seized materials were handed over, whichever is later) and that eligibility under the dispute resolution provision did not extend that limit. On the facts the assessment dated 19.01.2024 fell beyond the prescribed period ending 31.03.2023, so the assessment under the search provisions was held time-barred and void ab initio, and appeals were allowed for the assessee. Case-Laws Income Tax Tue, 29 Oct 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=467217