https://www.taxtmi.com/caselaws?id=789050 Search assessments under section 153C were held vulnerable where limitation under section 153B was computed from the conclusion of search in the assessee's own case, recorded in the last panchanama, and the assessment orders were passed after the outer limit expired. Jurisdiction under section 153C also failed because the satisfaction note was generic for multiple years and lacked year-wise linkage to seized incriminating material or undisclosed income. The additions for alleged cash receipts from sub-contractors were further deleted because they rested mainly on third-party statements without corroborating documentary evidence, independent seized material, or effective cross-examination. The assessee therefore obtained complete relief. en-us Fri, 27 Mar 2026 00:00:00 +0530 Thu, 02 Apr 2026 08:50:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=789050 Search assessments under section 153C were held vulnerable where limitation under section 153B was computed from the conclusion of search in the assessee's own case, recorded in the last panchanama, and the assessment orders were passed after the outer limit expired. Jurisdiction under section 153C also failed because the satisfaction note was generic for multiple years and lacked year-wise linkage to seized incriminating material or undisclosed income. The additions for alleged cash receipts from sub-contractors were further deleted because they rested mainly on third-party statements without corroborating documentary evidence, independent seized material, or effective cross-examination. The assessee therefore obtained complete relief. Case-Laws Income Tax Fri, 27 Mar 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=789050