https://www.taxtmi.com/caselaws?id=470033 Under Section 153C of the Income-tax Act, 1961, the relevant search date for determining the assessment block is generally the date on which seized books or documents are received by the Assessing Officer; where that date is unavailable, the satisfaction-note date may be used. Applying this approach with Section 153A, assessment years 2008-09 to 2010-11 fell outside the permissible period and were treated as time-barred. For the remaining years, Section 153C proceedings required aggregate undisclosed income to exceed the prescribed threshold. Because the recorded cash payments did not cross that threshold, the jurisdictional condition was not satisfied, and the assessments could not be sustained. en-us Fri, 28 Apr 2023 00:00:00 +0530 Tue, 14 Jul 2026 10:39:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=470033 Under Section 153C of the Income-tax Act, 1961, the relevant search date for determining the assessment block is generally the date on which seized books or documents are received by the Assessing Officer; where that date is unavailable, the satisfaction-note date may be used. Applying this approach with Section 153A, assessment years 2008-09 to 2010-11 fell outside the permissible period and were treated as time-barred. For the remaining years, Section 153C proceedings required aggregate undisclosed income to exceed the prescribed threshold. Because the recorded cash payments did not cross that threshold, the jurisdictional condition was not satisfied, and the assessments could not be sustained. Case-Laws Income Tax Fri, 28 Apr 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=470033