Supreme Court Clarifies Limitation for Block Assessments in Search Cases Date of the Judgment: 24 March 2023 Citation: (2023) INSC 238 Judges: M.R. Shah, J. and C.T. Ravikumar, J. Can the limitation period for block assessments under the Income Tax Act, 1961 be determined from the date of the last authorization for search, or from […]
Supreme Court Clarifies Limitation for Block Assessments in Search Cases: Anil Minda vs. Commissioner of Income Tax (2023) LEGAL ISSUE: Determination of the starting point for calculating the limitation period for block assessments following a search under Section 132 of the Income Tax Act, 1961. CASE TYPE: Income Tax Law, Block Assessment. Case Name: Anil
Supreme Court Allows Use of Survey Evidence in Block Assessment: Commissioner of Income Tax vs. S. Ajit Kumar (2018) LEGAL ISSUE: Whether evidence found during a survey at the premises of a third party can be used in the block assessment of an assessee. CASE TYPE: Income Tax Law Case Name: Commissioner of Income Tax,
Supreme Court Upholds Second Notice under Section 158BD of IT Act in Income Tax Assessment: Tapan Kumar Dutta vs. Commissioner of Income Tax (2018) LEGAL ISSUE: Validity of a second notice issued under Section 158BD of the Income Tax Act, 1961 when a prior notice under Section 158BC was already issued to the same assessee.
