Assuming jurisdiction u/s. 153C beyond block of ten years not tenable-in-law: Delhi HC

PCIT- Central-1 Vs Amol Awasthi (Delhi High Court)

Delhi High Court held that since AY 2012-13 falls beyond the block of ten years that are required to be reckoned from the end of the AY 2022-23 assuming jurisdiction u/s. 153C in respect of AY 2012-13 is invalid. Accordingly, appeal of revenue dismissed.

Facts- On 30.06.2019, a search was conducted in the case of one Sh. Sanjay Jain. The Assessee was also considered one of the searched persons and accordingly, a notice u/s. 153A of the Act was issued. While the proceedings pursuant to the notice issued under

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