https://www.taxtmi.com/caselaws?id=470567 Assessment under Section 153C must be completed within the limitation period reckoned under Section 153B(1)(b)(ii). Where the assessee's case is transferred under Section 127 to the Central Circle having jurisdiction over the searched person, seized material relating to the assessee is treated as handed over to the assessee's Assessing Officer on that transfer date. Once both persons have the same Assessing Officer, separate physical transmission is unnecessary. An assessment completed after the resulting statutory period is time-barred and liable to be quashed. en-us Mon, 16 Feb 2026 00:00:00 +0530 Fri, 31 Jul 2026 08:27:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=470567 Assessment under Section 153C must be completed within the limitation period reckoned under Section 153B(1)(b)(ii). Where the assessee's case is transferred under Section 127 to the Central Circle having jurisdiction over the searched person, seized material relating to the assessee is treated as handed over to the assessee's Assessing Officer on that transfer date. Once both persons have the same Assessing Officer, separate physical transmission is unnecessary. An assessment completed after the resulting statutory period is time-barred and liable to be quashed. Case-Laws Income Tax Mon, 16 Feb 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=470567