Notice u/s. 148 for AY 2013-14 not time barred as search conducted in AY 2023-24

Devika Construction and Developers Private Limited. Vs Principal Chief CIT (Jharkhand High Court) Jharkhand High Court held that relevant assessment year shall mean as assessment year (AY) preceding AY relevant to the previous year in which search is conducted or requisition is made which falls beyond Six AY but not later than 10 AY from the end of AY relevant to previous year in which search is conducted or requisition is made. Accordingly, notice u/s. 148 for AY 13-14 duly issued as search was conducted in AY 2023-2024. Facts- Mr. Naresh Kumar Kejriwal, the Petitioner in W.P. (T) No. 2651/2...