https://www.taxtmi.com/caselaws?id=800956 Reassessment under Sections 143(3) and 147 cannot be initiated where its foundation is material seized in a search of a third party concerning another assessee. In that situation, the search-assessment framework under Sections 153A and 153C governs assessment of the other person. Binding jurisdictional High Court precedent prevails over a contrary non-jurisdictional view. Accordingly, reassessment initiated outside the prescribed search-assessment mechanism is without jurisdiction and invalid, requiring quashing of the reassessment order. en-us Wed, 23 Sep 2026 00:00:00 +0530 Wed, 14 Oct 2026 06:17:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=800956 Reassessment under Sections 143(3) and 147 cannot be initiated where its foundation is material seized in a search of a third party concerning another assessee. In that situation, the search-assessment framework under Sections 153A and 153C governs assessment of the other person. Binding jurisdictional High Court precedent prevails over a contrary non-jurisdictional view. Accordingly, reassessment initiated outside the prescribed search-assessment mechanism is without jurisdiction and invalid, requiring quashing of the reassessment order. Case-Laws Income Tax Wed, 23 Sep 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=800956