https://www.taxtmi.com/caselaws?id=429162 The Tribunal emphasized the importance of recording satisfaction by the Assessing Officer before initiating proceedings under Section 153C of the Income Tax Act. The Tribunal remanded the case back to the CIT (A) for further verification and decision, dismissing the appeal for the Assessment Year 2013-14 but allowing appeals for statistical purposes for the Assessment Years 2007-08 to 2012-13. en-us Mon, 17 Oct 2022 00:00:00 +0530 Tue, 18 Oct 2022 13:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=429162 The Tribunal emphasized the importance of recording satisfaction by the Assessing Officer before initiating proceedings under Section 153C of the Income Tax Act. The Tribunal remanded the case back to the CIT (A) for further verification and decision, dismissing the appeal for the Assessment Year 2013-14 but allowing appeals for statistical purposes for the Assessment Years 2007-08 to 2012-13. Case-Laws Income Tax Mon, 17 Oct 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=429162