https://www.taxtmi.com/caselaws?id=773685 The ITAT held that the AO lacked valid jurisdiction under section 153C of the Income Tax Act to assess the assessee. The AO failed to record adequate reasons demonstrating how seized documents from a related party's search connected to the assessee or evidenced income suppression. The satisfaction note merely mentioned document seizure without explaining their incriminating nature or relevance to undisclosed income. Following precedents requiring clear nexus between seized material and the assessee, the Tribunal quashed the jurisdictional assumption and set aside all additions made in the assessment order. en-us Wed, 28 May 2025 00:00:00 +0530 Thu, 26 Jun 2025 08:36:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=773685 The ITAT held that the AO lacked valid jurisdiction under section 153C of the Income Tax Act to assess the assessee. The AO failed to record adequate reasons demonstrating how seized documents from a related party's search connected to the assessee or evidenced income suppression. The satisfaction note merely mentioned document seizure without explaining their incriminating nature or relevance to undisclosed income. Following precedents requiring clear nexus between seized material and the assessee, the Tribunal quashed the jurisdictional assumption and set aside all additions made in the assessment order. Case-Laws Income Tax Wed, 28 May 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=773685