https://www.taxtmi.com/caselaws?id=437029 The Tribunal quashed assessments for the years 2005-06 to 2010-11 and 2011-12 due to the absence of a valid satisfaction note under Section 153C, emphasizing the mandatory requirement of satisfaction recording by the AO. The Tribunal's decision, supported by precedents from the Delhi HC and SC, dismissed the Revenue's appeal, confirming that assessment years should align with the document handover date. en-us Fri, 31 Mar 2023 00:00:00 +0530 Thu, 19 Dec 2024 17:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=437029 The Tribunal quashed assessments for the years 2005-06 to 2010-11 and 2011-12 due to the absence of a valid satisfaction note under Section 153C, emphasizing the mandatory requirement of satisfaction recording by the AO. The Tribunal's decision, supported by precedents from the Delhi HC and SC, dismissed the Revenue's appeal, confirming that assessment years should align with the document handover date. Case-Laws Income Tax Fri, 31 Mar 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=437029