Interpretation

“block period” means the aggregate of–– (i) the period comprising six tax years preceding the tax year in which the search was initiated or any requisition was made; and (ii) the period starting from the 1st April of the tax year in which 35 search was initiated or requisition was made and ending on the date of the execution of the last of the authorisations for such search or such requisition;

“requisition” means requisition of books of account, other documents or any assets under section 248; 40

“requisitioned items” means the books of account, or other documents or money or bullion or jewellery or other valuable article or thing requisitioned under section 248;

“search” means a search initiated under section 247;

“seized items” means the books of account, or other documents or 45 money or bullion or jewellery or other valuable article or thing seized under section 247;

“the last of the authorisations” shall be deemed to have been executed,— (i) in the case of search, on the conclusion of search as recorded in the last panchnama drawn in relation to any person in whose case the warrant of authorisation has been issued, irrespective of whether or not any seizure is recorded in such panchnama;