https://www.taxtmi.com/caselaws?id=360472 The Tribunal held that the assessment under Section 153C of the IT Act was void ab initio due to the lack of recorded satisfaction by the Assessing Officer, thereby quashing the proceedings. Consequently, the additional grounds of appeal regarding the addition towards gain on sale of agricultural lands, duplication of sale consideration receipts, payment to other landowners, and estimation of income were not separately addressed, and the assessments for the relevant years were quashed based on this jurisdictional issue. en-us Fri, 27 Apr 2018 00:00:00 +0530 Fri, 18 May 2018 05:57:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=360472 The Tribunal held that the assessment under Section 153C of the IT Act was void ab initio due to the lack of recorded satisfaction by the Assessing Officer, thereby quashing the proceedings. Consequently, the additional grounds of appeal regarding the addition towards gain on sale of agricultural lands, duplication of sale consideration receipts, payment to other landowners, and estimation of income were not separately addressed, and the assessments for the relevant years were quashed based on this jurisdictional issue. Case-Laws Income Tax Fri, 27 Apr 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=360472