https://www.taxtmi.com/caselaws?id=775106 Jurisdiction under Section 153C of the Income-tax Act depends on seized or incriminating material relating to the specific assessment year covered by the satisfaction note. Where the note referred only to different financial years and corresponding assessment years, a notice issued for Assessment Year 2016-17 could not be sustained. As the foundational Section 153C notice lacked jurisdiction, the consequential notices under Sections 143(2) and 142(1) also failed and were set aside. The operative principle is that absence of year-specific incriminating material defeats Section 153C proceedings entirely. en-us Mon, 14 Jul 2025 00:00:00 +0530 Mon, 23 Mar 2026 14:16:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=775106 Jurisdiction under Section 153C of the Income-tax Act depends on seized or incriminating material relating to the specific assessment year covered by the satisfaction note. Where the note referred only to different financial years and corresponding assessment years, a notice issued for Assessment Year 2016-17 could not be sustained. As the foundational Section 153C notice lacked jurisdiction, the consequential notices under Sections 143(2) and 142(1) also failed and were set aside. The operative principle is that absence of year-specific incriminating material defeats Section 153C proceedings entirely. Case-Laws Income Tax Mon, 14 Jul 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=775106