https://www.taxtmi.com/highlights?id=102514 A search initiated after 1 April 2021 does not itself bar a regular scrutiny assessment under Section 143(3). The post-search deeming provision for information suggesting escaped income permits reassessment under Sections 147 and 148 where original assessment proceedings have concluded or the time limit for scrutiny has expired. Where a return can still be processed or subjected to scrutiny within limitation, it may be addressed under Sections 143(1) or 143(3). A timely notice for scrutiny and timely assessment therefore remain valid despite the search. Participation in proceedings without objection also supported rejection of the jurisdictional challenge and consequential recovery action. en-us Sat, 08 Aug 2026 10:30:52 +0530 Sat, 08 Aug 2026 10:30:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=102514 A search initiated after 1 April 2021 does not itself bar a regular scrutiny assessment under Section 143(3). The post-search deeming provision for information suggesting escaped income permits reassessment under Sections 147 and 148 where original assessment proceedings have concluded or the time limit for scrutiny has expired. Where a return can still be processed or subjected to scrutiny within limitation, it may be addressed under Sections 143(1) or 143(3). A timely notice for scrutiny and timely assessment therefore remain valid despite the search. Participation in proceedings without objection also supported rejection of the jurisdictional challenge and consequential recovery action. Highlights Income Tax Sat, 08 Aug 2026 10:30:52 +0530 https://www.taxtmi.com/highlights?id=102514