https://www.taxtmi.com/caselaws?id=331347 The tribunal quashed the assessment for the year 2005-06 due to lack of jurisdiction under Section 153C. All other appeals were dismissed, upholding the AO's actions and additions made, emphasizing the correct application of Sections 153A and 153C, the necessity of recording satisfaction by the AO, and the validity of the search and subsequent assessment proceedings. en-us Mon, 04 Jul 2016 00:00:00 +0530 Sat, 20 Aug 2016 08:45:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=331347 The tribunal quashed the assessment for the year 2005-06 due to lack of jurisdiction under Section 153C. All other appeals were dismissed, upholding the AO's actions and additions made, emphasizing the correct application of Sections 153A and 153C, the necessity of recording satisfaction by the AO, and the validity of the search and subsequent assessment proceedings. Case-Laws Income Tax Mon, 04 Jul 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=331347