https://www.taxtmi.com/caselaws?id=269921 The Tribunal allowed the appellant's appeal, emphasizing the importance of proper recording of satisfaction by the AO of the searched person before issuing notices under section 153C. The Tribunal found the satisfaction note to be vague and lacking essential details, leading to the quashing of the assessment order. The decision highlighted the necessity for adherence to procedural requirements to maintain the validity of notices issued under the Income Tax Act. en-us Thu, 15 Oct 2015 00:00:00 +0530 Thu, 24 Dec 2015 10:10:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=269921 The Tribunal allowed the appellant's appeal, emphasizing the importance of proper recording of satisfaction by the AO of the searched person before issuing notices under section 153C. The Tribunal found the satisfaction note to be vague and lacking essential details, leading to the quashing of the assessment order. The decision highlighted the necessity for adherence to procedural requirements to maintain the validity of notices issued under the Income Tax Act. Case-Laws Income Tax Thu, 15 Oct 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=269921