#block period

ITAT Delhi rules that assessments under Section 153C for assessment years beyond 10 years from the search date are invalid unless the undisclosed income exceeds Rs 50 lakhs for years 7-10. The decision reinforces jurisdictional limits on tax authorities, impacting search-and-seizure assessments.

ITAT Delhi holds that for Section 153C proceedings, the ten-year block period begins from the date the AO records satisfaction upon receiving seized documents, not the search date.