https://www.taxtmi.com/caselaws?id=196406 The Tribunal quashed all assessment orders and dismissed the appeals filed by the Revenue challenging the validity of proceedings under section 153C of the Income Tax Act. The Court emphasized the necessity of a separate satisfaction note by the Assessing Officer of the searched party, ruling in favor of the assessee based on non-compliance with this legal requirement. The decision was pronounced on 29th October 2015, with the Cross Objections of the assessee being allowed and all Revenue appeals dismissed. en-us Thu, 29 Oct 2015 00:00:00 +0530 Wed, 29 Nov 2017 21:26:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=196406 The Tribunal quashed all assessment orders and dismissed the appeals filed by the Revenue challenging the validity of proceedings under section 153C of the Income Tax Act. The Court emphasized the necessity of a separate satisfaction note by the Assessing Officer of the searched party, ruling in favor of the assessee based on non-compliance with this legal requirement. The decision was pronounced on 29th October 2015, with the Cross Objections of the assessee being allowed and all Revenue appeals dismissed. Case-Laws Income Tax Thu, 29 Oct 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=196406