https://www.taxtmi.com/caselaws?id=414139 Section 153C jurisdiction requires a properly recorded satisfaction note; where the same Assessing Officer acts for both the searched person and the other person, a single satisfaction note may suffice. For section 54F relief on sale of agricultural land, the relevant purchase timing of a residential flat was treated as the date possession was delivered, rather than the earlier purchase date. Possession within one year before the land sale made the investment eligible for deduction, and the related capital-gains addition was deleted. The assessment under section 153C remained valid while the section 54F deduction was allowed. en-us Tue, 05 Oct 2021 00:00:00 +0530 Wed, 28 Jan 2026 11:20:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=414139 Section 153C jurisdiction requires a properly recorded satisfaction note; where the same Assessing Officer acts for both the searched person and the other person, a single satisfaction note may suffice. For section 54F relief on sale of agricultural land, the relevant purchase timing of a residential flat was treated as the date possession was delivered, rather than the earlier purchase date. Possession within one year before the land sale made the investment eligible for deduction, and the related capital-gains addition was deleted. The assessment under section 153C remained valid while the section 54F deduction was allowed. Case-Laws Income Tax Tue, 05 Oct 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=414139