https://www.taxtmi.com/caselaws?id=789482 Initiation of proceedings under section 153C for assessment year 2015-16 was barred by limitation because the search-related satisfaction note was recorded on 25-06-2021, from which the relevant six preceding assessment years had to be counted. The record did not show invocation of the fourth proviso to section 153A(1) or satisfaction of the conditions needed to extend the normal six-year block. Assessment year 2015-16 therefore fell outside the permissible period, and the assessment for that year was quashed. en-us Wed, 11 Mar 2026 00:00:00 +0530 Thu, 09 Apr 2026 08:09:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=789482 Initiation of proceedings under section 153C for assessment year 2015-16 was barred by limitation because the search-related satisfaction note was recorded on 25-06-2021, from which the relevant six preceding assessment years had to be counted. The record did not show invocation of the fourth proviso to section 153A(1) or satisfaction of the conditions needed to extend the normal six-year block. Assessment year 2015-16 therefore fell outside the permissible period, and the assessment for that year was quashed. Case-Laws Income Tax Wed, 11 Mar 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=789482