{"id":49110,"date":"2024-12-24T11:25:51","date_gmt":"2024-12-24T05:55:51","guid":{"rendered":"https:\/\/itatonline.org\/digest\/rupesh-kantilal-savla-v-acit-mum-trib-www-itatonline-org\/"},"modified":"2024-12-24T11:25:51","modified_gmt":"2024-12-24T05:55:51","slug":"rupesh-kantilal-savla-v-acit-mum-trib-www-itatonline-org","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/rupesh-kantilal-savla-v-acit-mum-trib-www-itatonline-org\/","title":{"rendered":"Rupesh Kantilal Savla v. ACIT ( Mum)( Trib) www.itatonline .org"},"content":{"rendered":"<p>Search and seizure action on \u00a0Sarthav Infra Pvt Ltd was conducted on December 04 , 2014 . The information was received by the Assessing Officer on March 16, 2018 , i.e\u00a0 AY. 2018 19 ). The notice under section 153C was issued on April 04 , 2018 . \u00a0Therefore six years prior to AY. 2018 -19 would be the period between AY. 2012 -13 to 2017 -18\u00a0 , therefore , AY. 2018 -19 falls beyond the period of six years \u00a0and hence the proceedings are time barred . On appeal the CIT(A) held that the date of information received was 31 -3 -2018 is to be considered . The AY. 2011 -12\u00a0 is beyond the period of six assessment years but within period of 10 years from the AY. In which the documents pertaining to the appellant have been received . Accordingly the dismissed the ground of limitation . On appeal , the Tribunal held that the AO had no jurisdiction to initiate \u00a0proceeding under section 153C of the Act for the AY. 2011-12 . Search was conducted before the amendment and also satisfaction note for the assessee\u00a0 being a non searched party in AY. 2018 -19 . <strong>\u00a0<\/strong>Search \u00a0was conducted before the Finance Act , 2017 , power to assess block period of ten years could not be attracted in case of a search which had taken place prior to 1-4-2017 <strong>. <\/strong>\u00a0Accordingly , the \u00a0\u00a0\u00a0order passed under section 153C r. w.s 143 (3) of the Act was beyond permissible\u00a0 of six years . \u00a0(ITA No. 4024 \/Mum\/ 2024 \/ 4512 \/ Mum\/ 2024 dt 20 -12 -2024 \u00a0.Followed PCIT v. Karina Air Lines International Ltd (ITA No. 690\/ 2023 dated 2-8 -2024 ) (2024) 165 Taxmann.com 421 ( Delhi)( HC) ( AY. 2011 -12<strong> )\u00a0<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 153C : Assessment &#8211; Income of any other person &#8211; Search \u2013 On money \u2013 Six assessment years \u2013 Date of search \u2013 Date of receipt of seized material \u2013 Relevant assessment year -Search was conducted prior to the Finance Act , 2017 \u2013 Search  was conducted before the Finance Act , 2017 , power to assess block period of ten years could not be attracted in case of a search which had taken place prior to 1-4-2017-  Satisfaction note for the asessee being a non -searched party in AY. 2018 -19 \u2013 Order passed is beyond permissible period of  six years \u2013 Assessment order for the Assessment year 2011 -12 is quashed . [ S. 69A, 132 , 153A,] <\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[],"class_list":["post-49110","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-cM6","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/49110","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=49110"}],"version-history":[{"count":2,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/49110\/revisions"}],"predecessor-version":[{"id":51357,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/49110\/revisions\/51357"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=49110"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=49110"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=49110"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}