https://www.taxtmi.com/caselaws?id=766154 The ITAT Delhi held that assessment orders under section 153A(1)(b) were quashed as the assessment years 2011-12 and 2012-13 fell outside the jurisdiction of revision proceedings under sections 153A read with 153C. The relevant search assessment year was determined to be 2019-20 based on the satisfaction note recorded on 25.09.2018. The tribunal also found the satisfaction note invalid for initiating proceedings under section 153C, as the seized documents failed to establish document-wise correlation with the assessment years under consideration, lacking the essential element required for invoking section 153C provisions. en-us Wed, 12 Feb 2025 00:00:00 +0530 Wed, 19 Feb 2025 08:42:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=766154 The ITAT Delhi held that assessment orders under section 153A(1)(b) were quashed as the assessment years 2011-12 and 2012-13 fell outside the jurisdiction of revision proceedings under sections 153A read with 153C. The relevant search assessment year was determined to be 2019-20 based on the satisfaction note recorded on 25.09.2018. The tribunal also found the satisfaction note invalid for initiating proceedings under section 153C, as the seized documents failed to establish document-wise correlation with the assessment years under consideration, lacking the essential element required for invoking section 153C provisions. Case-Laws Income Tax Wed, 12 Feb 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=766154