https://www.taxtmi.com/caselaws?id=438780 The High Court upheld the Tribunal's decision to quash assessment orders under Section 153C of the Income Tax Act, as the absence of a satisfaction note by the assessing officer of the searched person invalidated the assessments for the relevant years. The Court affirmed that strict compliance with statutory requirements is essential for valid assessment proceedings, dismissing the Revenue's appeal and confirming the Tribunal's orders to set aside the assessments for the specified years. en-us Fri, 31 Mar 2023 00:00:00 +0530 Wed, 07 Jun 2023 17:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=438780 The High Court upheld the Tribunal's decision to quash assessment orders under Section 153C of the Income Tax Act, as the absence of a satisfaction note by the assessing officer of the searched person invalidated the assessments for the relevant years. The Court affirmed that strict compliance with statutory requirements is essential for valid assessment proceedings, dismissing the Revenue's appeal and confirming the Tribunal's orders to set aside the assessments for the specified years. Case-Laws Income Tax Fri, 31 Mar 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=438780