https://www.taxtmi.com/caselaws?id=764629 ITAT DELHI held that assessment proceedings under section 153C were invalid due to jurisdictional defects. For AY 2011-12, the assessment was barred by limitation and the satisfaction note contained incorrigible legal infirmities. For AYs 2012-13 to 2015-16, the satisfaction note lacked objectivity and relevant particulars, rendering the assumption of jurisdiction void. Following precedent in similar cases, the tribunal found the satisfaction note bereft of proper legal foundation. All assessment orders under section 153C were quashed as bad in law, with the assessee's appeal allowed across all years. en-us Tue, 31 Dec 2024 00:00:00 +0530 Tue, 14 Jan 2025 14:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=764629 ITAT DELHI held that assessment proceedings under section 153C were invalid due to jurisdictional defects. For AY 2011-12, the assessment was barred by limitation and the satisfaction note contained incorrigible legal infirmities. For AYs 2012-13 to 2015-16, the satisfaction note lacked objectivity and relevant particulars, rendering the assumption of jurisdiction void. Following precedent in similar cases, the tribunal found the satisfaction note bereft of proper legal foundation. All assessment orders under section 153C were quashed as bad in law, with the assessee's appeal allowed across all years. Case-Laws Income Tax Tue, 31 Dec 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=764629