https://www.taxtmi.com/caselaws?id=775358 The ITAT Pune held that the AO's issuance of a combined satisfaction note under section 153C for multiple assessment years was invalid. The AO had completed assessment adding Rs. 2.11 crore to the income, but the CIT(A) deleted this addition. Relying on Karnataka HC precedent, the tribunal found that a separate satisfaction note is mandatory for each assessment year under section 153C, and a consolidated note vitiates the proceedings. Consequently, the appeal filed by the assessee was allowed, setting aside the assessment made on the basis of the combined satisfaction note. en-us Mon, 21 Jul 2025 00:00:00 +0530 Thu, 24 Jul 2025 08:40:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=775358 The ITAT Pune held that the AO's issuance of a combined satisfaction note under section 153C for multiple assessment years was invalid. The AO had completed assessment adding Rs. 2.11 crore to the income, but the CIT(A) deleted this addition. Relying on Karnataka HC precedent, the tribunal found that a separate satisfaction note is mandatory for each assessment year under section 153C, and a consolidated note vitiates the proceedings. Consequently, the appeal filed by the assessee was allowed, setting aside the assessment made on the basis of the combined satisfaction note. Case-Laws Income Tax Mon, 21 Jul 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=775358