https://www.taxtmi.com/caselaws?id=777790 Under section 153C of the Income-tax Act, jurisdiction is valid only where the satisfaction note specifically and year-wise links seized material to the relevant assessment year and the assessee. A consolidated, vague note that does not identify the incriminating documents or explain how they belong to or pertain to the assessee fails this requirement. Here, the recorded satisfaction did not provide the necessary correlation with the year under appeal, so the jurisdictional foundation was not established. The assumption of jurisdiction was therefore invalid, and the additions made in the assessment could not be sustained. en-us Wed, 13 Aug 2025 00:00:00 +0530 Fri, 05 Sep 2025 08:10:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=777790 Under section 153C of the Income-tax Act, jurisdiction is valid only where the satisfaction note specifically and year-wise links seized material to the relevant assessment year and the assessee. A consolidated, vague note that does not identify the incriminating documents or explain how they belong to or pertain to the assessee fails this requirement. Here, the recorded satisfaction did not provide the necessary correlation with the year under appeal, so the jurisdictional foundation was not established. The assumption of jurisdiction was therefore invalid, and the additions made in the assessment could not be sustained. Case-Laws Income Tax Wed, 13 Aug 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=777790