https://www.taxtmi.com/caselaws?id=339633 The Tribunal allowed the assessee's appeals for A.Y. 2005-06 and 2006-07, as the assumption of jurisdiction under Section 153C was deemed invalid due to the AO's failure to record satisfaction notes. Consequently, the assessments for these years were canceled. The issues concerning the estimation of unaccounted sales, gross profit, and levy of interest were not adjudicated due to the invalidity of the assessments. en-us Wed, 01 Mar 2017 00:00:00 +0530 Sat, 04 Mar 2017 13:49:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=339633 The Tribunal allowed the assessee's appeals for A.Y. 2005-06 and 2006-07, as the assumption of jurisdiction under Section 153C was deemed invalid due to the AO's failure to record satisfaction notes. Consequently, the assessments for these years were canceled. The issues concerning the estimation of unaccounted sales, gross profit, and levy of interest were not adjudicated due to the invalidity of the assessments. Case-Laws Income Tax Wed, 01 Mar 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=339633