https://www.taxtmi.com/caselaws?id=358065 The Appellate Tribunal ITAT Delhi dismissed the Revenue's appeals against the CIT (A)'s decision to quash assessment orders for Assessment Years 2005-06 and 2006-07. The central issue was the jurisdictional requirement of recording satisfaction under Section 153C, which was not met in the case of the person searched. The absence of recorded satisfaction invalidated the jurisdiction assumed, leading to the affirmation of quashing the assessment orders based on this jurisdictional ground. The judgment was pronounced on 31st January 2018. en-us Wed, 31 Jan 2018 00:00:00 +0530 Wed, 04 Apr 2018 17:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=358065 The Appellate Tribunal ITAT Delhi dismissed the Revenue's appeals against the CIT (A)'s decision to quash assessment orders for Assessment Years 2005-06 and 2006-07. The central issue was the jurisdictional requirement of recording satisfaction under Section 153C, which was not met in the case of the person searched. The absence of recorded satisfaction invalidated the jurisdiction assumed, leading to the affirmation of quashing the assessment orders based on this jurisdictional ground. The judgment was pronounced on 31st January 2018. Case-Laws Income Tax Wed, 31 Jan 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=358065