https://www.taxtmi.com/caselaws?id=210089 ITAT, Pune held the AO erred in reopening completed assessments under ss.153A/153C for AYs 2000-01 to 2003-04 where no AY-specific incriminating information (ASII) or seized assets/documents attributable to the taxpayer existed. The satisfaction note's referenced documents were neither incriminating nor furnished with certification, and no seizure occurred; accordingly jurisdiction under s.153C(1) read with s.153 was invalid. The Tribunal directed that AO must record and disclose satisfaction and provide seized-document copies with opportunity to object, and quashed the reopening in favour of the taxpayer. en-us Fri, 28 Jan 2011 00:00:00 +0530 Mon, 06 Oct 2025 18:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=210089 ITAT, Pune held the AO erred in reopening completed assessments under ss.153A/153C for AYs 2000-01 to 2003-04 where no AY-specific incriminating information (ASII) or seized assets/documents attributable to the taxpayer existed. The satisfaction note's referenced documents were neither incriminating nor furnished with certification, and no seizure occurred; accordingly jurisdiction under s.153C(1) read with s.153 was invalid. The Tribunal directed that AO must record and disclose satisfaction and provide seized-document copies with opportunity to object, and quashed the reopening in favour of the taxpayer. Case-Laws Income Tax Fri, 28 Jan 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=210089