https://www.taxtmi.com/caselaws?id=792698 Service of notice under section 10(1) is the jurisdictional trigger for assessment proceedings under the Black Money Act, and the limitation under section 11(1) can be extended only by excluding time that falls within the running assessment period. A period preceding service of notice cannot be treated as excludable under Explanation 1(iii), because exclusion presupposes an existing limitation timeline. On the stated facts, only the period from 25.11.2020 to 25.05.2021 was excludable, and the assessment order had to be passed by 29.09.2023. The order dated 30.09.2023 was therefore time barred, without jurisdiction, and non est in law. en-us Wed, 25 Mar 2026 00:00:00 +0530 Mon, 01 Jun 2026 17:33:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=792698 Service of notice under section 10(1) is the jurisdictional trigger for assessment proceedings under the Black Money Act, and the limitation under section 11(1) can be extended only by excluding time that falls within the running assessment period. A period preceding service of notice cannot be treated as excludable under Explanation 1(iii), because exclusion presupposes an existing limitation timeline. On the stated facts, only the period from 25.11.2020 to 25.05.2021 was excludable, and the assessment order had to be passed by 29.09.2023. The order dated 30.09.2023 was therefore time barred, without jurisdiction, and non est in law. Case-Laws Income Tax Wed, 25 Mar 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=792698