Section 153C Limitation starts from Date AO receives Documents: Delhi HC

Landcraft Developers Private Limited Vs ACIT (Delhi High Court)

Delhi High Court has quashed a notice issued under Section 153C of the Income Tax Act, 1961, for Assessment Year (AY) 2015-16, ruling that the assessment proceedings initiated against Landcraft Developers Private Limited were barred by limitation. The court emphasized that the period of limitation for passing an assessment order under Section 153C commences from the date on which the Assessing Officer (AO) of the ‘other person’ receives the seized documents.

The petitioner, Landcraft Developers Priva

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