Assessments Beyond Ten-Year Block Invalid Under Section 153C: ITAT Delhi

DCIT Vs Transline Technologies Ltd (ITAT Delhi) The Income Tax Appellate Tribunal (ITAT) Delhi delivered a common order in the case of DCIT vs. Transline Technologies Ltd., arising out of appeals filed by the Revenue and cross-objections filed by the assessee for Assessment Years (AYs) 2011–12 and 2012–13. The appeals challenged the order of the Commissioner of Income Tax (Appeals) [CIT(A)] dated 28.02.2025, which had held that the block period for assessment under Section 153C of the Income Tax Act, 1961, must be reckoned from the date the books of accounts, documents, or assets seized ar...