https://www.taxtmi.com/caselaws?id=351030 The Tribunal quashed the proceedings initiated under section 153C due to the lack of proper jurisdiction as the satisfaction note was not recorded by the AO in his capacity as the AO of the searched person. Consequently, the additions made on account of unexplained cash salary were also deemed invalid. The Tribunal allowed the appeals for all the assessment years 2009-10, 2010-11, and 2011-12. en-us Wed, 15 Nov 2017 00:00:00 +0530 Fri, 17 Nov 2017 08:58:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=351030 The Tribunal quashed the proceedings initiated under section 153C due to the lack of proper jurisdiction as the satisfaction note was not recorded by the AO in his capacity as the AO of the searched person. Consequently, the additions made on account of unexplained cash salary were also deemed invalid. The Tribunal allowed the appeals for all the assessment years 2009-10, 2010-11, and 2011-12. Case-Laws Income Tax Wed, 15 Nov 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=351030