https://www.taxtmi.com/caselaws?id=411595 The court set aside the assessment order and demand notice issued under the Income Tax Act for AY 2016-17 based on Section 153C. The court emphasized the necessity of a satisfaction note before initiating proceedings under Section 153C and highlighted that no incriminating materials related to the petitioner were found during the search. As a result, the assessment order and demand notice were deemed unsustainable in law, and the writ petition was allowed without costs, with an urgent certified copy of the order directed to be issued. en-us Mon, 23 Aug 2021 00:00:00 +0530 Tue, 16 Nov 2021 16:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=411595 The court set aside the assessment order and demand notice issued under the Income Tax Act for AY 2016-17 based on Section 153C. The court emphasized the necessity of a satisfaction note before initiating proceedings under Section 153C and highlighted that no incriminating materials related to the petitioner were found during the search. As a result, the assessment order and demand notice were deemed unsustainable in law, and the writ petition was allowed without costs, with an urgent certified copy of the order directed to be issued. Case-Laws Income Tax Mon, 23 Aug 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=411595