https://www.taxtmi.com/caselaws?id=420361 The tribunal dismissed the Revenue's appeal, upholding the CIT(A)'s decision to quash the assessment order for the assessment year 2009-10 due to the lack of valid satisfaction recorded under Section 153C of the Income Tax Act, 1961. The delay in filing the appeal was condoned, and the case proceeded for adjudication on merits. The tribunal emphasized the necessity of the recorded satisfaction by the Assessing Officer as per judicial precedents, ultimately affirming the CIT(A)'s findings. en-us Mon, 21 Mar 2022 00:00:00 +0530 Fri, 01 Apr 2022 08:33:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=420361 The tribunal dismissed the Revenue's appeal, upholding the CIT(A)'s decision to quash the assessment order for the assessment year 2009-10 due to the lack of valid satisfaction recorded under Section 153C of the Income Tax Act, 1961. The delay in filing the appeal was condoned, and the case proceeded for adjudication on merits. The tribunal emphasized the necessity of the recorded satisfaction by the Assessing Officer as per judicial precedents, ultimately affirming the CIT(A)'s findings. Case-Laws Income Tax Mon, 21 Mar 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=420361