https://www.taxtmi.com/caselaws?id=769216 ITAT Delhi held that assessment jurisdiction under Section 153C requires a valid satisfaction note with tangible, descriptive information and evidence of application of mind. The AO's perfunctory satisfaction note lacked basic ingredients and failed to specify documents/assets against each assessment year. Such vague, non-descript satisfaction notes cannot confer drastic assessment jurisdiction on persons other than the searched person. The notice and consequent assessment order under Section 153C were quashed as vitiated in law. Assessee's appeal was allowed. en-us Wed, 09 Apr 2025 00:00:00 +0530 Tue, 22 Apr 2025 08:31:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=769216 ITAT Delhi held that assessment jurisdiction under Section 153C requires a valid satisfaction note with tangible, descriptive information and evidence of application of mind. The AO's perfunctory satisfaction note lacked basic ingredients and failed to specify documents/assets against each assessment year. Such vague, non-descript satisfaction notes cannot confer drastic assessment jurisdiction on persons other than the searched person. The notice and consequent assessment order under Section 153C were quashed as vitiated in law. Assessee's appeal was allowed. Case-Laws Income Tax Wed, 09 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=769216