https://www.taxtmi.com/caselaws?id=776727 ITAT, JAIPUR (AT) set aside AO's proceedings under ss.153C/153A, finding the satisfaction note cryptic and insufficient to confer jurisdiction for A.Y.2015-16 to 2021-22; notices related to escaped income could not be tied to specific assessment years and total alleged escaped income fell below the threshold for extended limitation. The tribunal held revenue failed to prove on-money or link incriminating material to the contested years, and absence of cross-examination vitiated proceedings. Additions under s.69 and related DRP directions were deleted, the payment to the builder was held explained from sale proceeds and CGAS funds. en-us Wed, 13 Aug 2025 00:00:00 +0530 Mon, 18 Aug 2025 08:39:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=776727 ITAT, JAIPUR (AT) set aside AO's proceedings under ss.153C/153A, finding the satisfaction note cryptic and insufficient to confer jurisdiction for A.Y.2015-16 to 2021-22; notices related to escaped income could not be tied to specific assessment years and total alleged escaped income fell below the threshold for extended limitation. The tribunal held revenue failed to prove on-money or link incriminating material to the contested years, and absence of cross-examination vitiated proceedings. Additions under s.69 and related DRP directions were deleted, the payment to the builder was held explained from sale proceeds and CGAS funds. Case-Laws Income Tax Wed, 13 Aug 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=776727