https://www.taxtmi.com/caselaws?id=258078 The Tribunal quashed the assessment orders for the relevant years (2003-04 to 2008-09) due to the lack of proper jurisdiction under Section 153C of the Income Tax Act. The Tribunal found that the AO did not record the required satisfaction before initiating proceedings, rendering the assessments invalid. As a result, the assessee's cross-objections were allowed, and the Revenue's issues on the merits of the case were dismissed as infructuous. The decision was made on 18th March 2015. en-us Wed, 18 Mar 2015 00:00:00 +0530 Mon, 30 Mar 2015 19:33:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=258078 The Tribunal quashed the assessment orders for the relevant years (2003-04 to 2008-09) due to the lack of proper jurisdiction under Section 153C of the Income Tax Act. The Tribunal found that the AO did not record the required satisfaction before initiating proceedings, rendering the assessments invalid. As a result, the assessee's cross-objections were allowed, and the Revenue's issues on the merits of the case were dismissed as infructuous. The decision was made on 18th March 2015. Case-Laws Income Tax Wed, 18 Mar 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=258078