Seized Documents Receipt Date by AO Determines Limitation for Section 153C Notice

KLP Projects Private Limited Vs ACIT (Madras High Court) Date of receipt of seized documents by AO to be considered for limitation period to issue of notice u/s. 153C Madras High Court held that period of limitation for issuing notice under section 153C of the Income Tax Act to person other than searched person shall be date of receiving books of accounts or documents seized by AO having jurisdiction over such other person. Facts- The search was conducted by the respondent on 09.11.2017, subsequent to which, the petitioner approached the Interim Board for Settlement (IBS) and arrived at settle...