https://www.taxtmi.com/caselaws?id=783880 The dominant issue was whether jurisdiction under s.153C could be validly assumed on the basis of a single consolidated satisfaction note covering multiple assessment years. Applying HC authority requiring a separate satisfaction note for each assessment year, the Tribunal held that a consolidated note for different years vitiates the mandatory jurisdictional precondition and renders the consequential proceedings void. Accordingly, the assessments framed under s.153C for AYs 2015-16 and 2016-17 were quashed and the appeal was allowed. en-us Fri, 14 Nov 2025 00:00:00 +0530 Wed, 24 Dec 2025 07:51:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=783880 The dominant issue was whether jurisdiction under s.153C could be validly assumed on the basis of a single consolidated satisfaction note covering multiple assessment years. Applying HC authority requiring a separate satisfaction note for each assessment year, the Tribunal held that a consolidated note for different years vitiates the mandatory jurisdictional precondition and renders the consequential proceedings void. Accordingly, the assessments framed under s.153C for AYs 2015-16 and 2016-17 were quashed and the appeal was allowed. Case-Laws Income Tax Fri, 14 Nov 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=783880