https://www.taxtmi.com/caselaws?id=471362 Section 153C proceedings cannot be initiated where the deemed search date for the other person falls on or after 1 April 2021. For that person, the first proviso to Section 153C(1) treats the date on which seized material is received by the jurisdictional Assessing Officer as the relevant search date. Where the actual receipt date is unavailable, the satisfaction-note date may be treated as that date. Section 153C(3), inserted by the Finance Act, 2021, excludes searches initiated and seized material requisitioned on or after 1 April 2021; consequently, the notice and consequential assessment lacked legal authority and were quashed. en-us Tue, 10 Feb 2026 00:00:00 +0530 Mon, 31 Aug 2026 18:58:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=471362 Section 153C proceedings cannot be initiated where the deemed search date for the other person falls on or after 1 April 2021. For that person, the first proviso to Section 153C(1) treats the date on which seized material is received by the jurisdictional Assessing Officer as the relevant search date. Where the actual receipt date is unavailable, the satisfaction-note date may be treated as that date. Section 153C(3), inserted by the Finance Act, 2021, excludes searches initiated and seized material requisitioned on or after 1 April 2021; consequently, the notice and consequential assessment lacked legal authority and were quashed. Case-Laws Income Tax Tue, 10 Feb 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=471362