https://www.taxtmi.com/caselaws?id=782931 A valid satisfaction note linking specific seized material to the assessee is a mandatory jurisdictional prerequisite for proceedings under section 153C of the Income-tax Act, 1961. Where the note does not clearly identify the seized material as belonging to, pertaining to, or relating to the assessee, the statutory condition for assuming jurisdiction is not met. On that basis, the assessments framed under section 153C were held unsustainable and were quashed, and the appeals were allowed. en-us Tue, 30 Sep 2025 00:00:00 +0530 Sat, 06 Dec 2025 08:46:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=782931 A valid satisfaction note linking specific seized material to the assessee is a mandatory jurisdictional prerequisite for proceedings under section 153C of the Income-tax Act, 1961. Where the note does not clearly identify the seized material as belonging to, pertaining to, or relating to the assessee, the statutory condition for assuming jurisdiction is not met. On that basis, the assessments framed under section 153C were held unsustainable and were quashed, and the appeals were allowed. Case-Laws Income Tax Tue, 30 Sep 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=782931