https://www.taxtmi.com/caselaws?id=176587 The High Court dismissed the Revenue's appeals challenging the ITAT's order related to Assessment Years 2003-2004, 2004-2005, and 2006-2007. The Court held that satisfaction must be separately recorded by the Assessing Officer under Section 153-C of the Income Tax Act, even if the AO of the person searched and the Assessee are the same. The judgment emphasized the necessity of complying with statutory procedures for tax assessments, affirming that no substantial question of law arose for determination in this case. en-us Tue, 28 Jul 2015 00:00:00 +0530 Fri, 25 Dec 2015 09:31:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=176587 The High Court dismissed the Revenue's appeals challenging the ITAT's order related to Assessment Years 2003-2004, 2004-2005, and 2006-2007. The Court held that satisfaction must be separately recorded by the Assessing Officer under Section 153-C of the Income Tax Act, even if the AO of the person searched and the Assessee are the same. The judgment emphasized the necessity of complying with statutory procedures for tax assessments, affirming that no substantial question of law arose for determination in this case. Case-Laws Income Tax Tue, 28 Jul 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=176587