https://www.taxtmi.com/caselaws?id=390342 The ITAT Delhi upheld the CIT(A)'s decision in favor of the assessee regarding jurisdiction under section 153C. The Revenue's appeal challenging the deletion of an addition of Rs. 8.70 crores was dismissed as the Assessing Officer failed to properly record satisfaction notes for assuming jurisdiction. The ITAT found the Revenue's cited case laws inapplicable due to the lack of separate satisfaction notes by the Assessing Officer of the searched person, affirming the CIT(A)'s decision and emphasizing the importance of complying with jurisdictional requirements. en-us Wed, 11 Dec 2019 00:00:00 +0530 Mon, 30 Dec 2019 12:40:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=390342 The ITAT Delhi upheld the CIT(A)'s decision in favor of the assessee regarding jurisdiction under section 153C. The Revenue's appeal challenging the deletion of an addition of Rs. 8.70 crores was dismissed as the Assessing Officer failed to properly record satisfaction notes for assuming jurisdiction. The ITAT found the Revenue's cited case laws inapplicable due to the lack of separate satisfaction notes by the Assessing Officer of the searched person, affirming the CIT(A)'s decision and emphasizing the importance of complying with jurisdictional requirements. Case-Laws Income Tax Wed, 11 Dec 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=390342