https://www.taxtmi.com/caselaws?id=782757 Section 153C assessment notices require incriminating material found during a third-party search to relate to or pertain to the targeted person and establish a live jurisdictional nexus. Mobile images containing an MoU between unrelated persons did not connect the petitioners to the transaction. The broker disclaimed involvement, while land records and sale-deed information were obtained after the search or from public sources. A presumed difference between consideration stated in the unrelated MoU and the registered sale deed could not establish undisclosed investment. The notices lacked jurisdiction and were quashed. en-us Mon, 24 Nov 2025 00:00:00 +0530 Wed, 15 Jul 2026 10:22:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=782757 Section 153C assessment notices require incriminating material found during a third-party search to relate to or pertain to the targeted person and establish a live jurisdictional nexus. Mobile images containing an MoU between unrelated persons did not connect the petitioners to the transaction. The broker disclaimed involvement, while land records and sale-deed information were obtained after the search or from public sources. A presumed difference between consideration stated in the unrelated MoU and the registered sale deed could not establish undisclosed investment. The notices lacked jurisdiction and were quashed. Case-Laws Income Tax Mon, 24 Nov 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=782757