https://www.taxtmi.com/caselaws?id=789394 For proceedings under section 153C, limitation is computed from the end of the financial year in which seized material is handed over, or deemed to be handed over, to the Assessing Officer of the other person. Applying that rule, the permissible block covered assessment years 2015-16 to 2020-21, so assessment year 2014-15 fell outside the six-year span. The defect was jurisdictional, rendering the assessment under section 144 read with section 153C void ab initio. The ITAT, Mumbai accordingly quashed the assessment in favour of the assessee. en-us Fri, 27 Feb 2026 00:00:00 +0530 Tue, 07 Apr 2026 13:02:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=789394 For proceedings under section 153C, limitation is computed from the end of the financial year in which seized material is handed over, or deemed to be handed over, to the Assessing Officer of the other person. Applying that rule, the permissible block covered assessment years 2015-16 to 2020-21, so assessment year 2014-15 fell outside the six-year span. The defect was jurisdictional, rendering the assessment under section 144 read with section 153C void ab initio. The ITAT, Mumbai accordingly quashed the assessment in favour of the assessee. Case-Laws Income Tax Fri, 27 Feb 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=789394