https://www.taxtmi.com/caselaws?id=426890 The Tribunal set aside the orders passed under Section 153C of the Income Tax Act due to the absence of a recorded satisfaction note by the Assessing Officer, invalidating the assumption of jurisdiction. Consequently, the orders passed by the Commissioner of Income Tax (Appeals) were overturned for all the relevant assessment years. The issue regarding the taxation of rent received from leasing house property was not adjudicated upon as the jurisdictional issue was decided in favor of the assessee, making further discussion on this matter unnecessary. en-us Mon, 22 Aug 2022 00:00:00 +0530 Sat, 27 Aug 2022 13:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=426890 The Tribunal set aside the orders passed under Section 153C of the Income Tax Act due to the absence of a recorded satisfaction note by the Assessing Officer, invalidating the assumption of jurisdiction. Consequently, the orders passed by the Commissioner of Income Tax (Appeals) were overturned for all the relevant assessment years. The issue regarding the taxation of rent received from leasing house property was not adjudicated upon as the jurisdictional issue was decided in favor of the assessee, making further discussion on this matter unnecessary. Case-Laws Income Tax Mon, 22 Aug 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=426890