https://www.taxtmi.com/caselaws?id=784177 The dominant issue was the validity of a notice issued under s.153C of the IT Act in the absence of a duly recorded satisfaction note. The HC held that recording a satisfaction note by the jurisdictional AO is a mandatory jurisdictional precondition, and the note relied upon was undated and was furnished to the assessee only after more than two years, undermining the statutory requirement and vitiating the assumption of jurisdiction. Consequently, the impugned s.153C notice for AY 2015-16 and all consequential proceedings were quashed and set aside. en-us Mon, 22 Dec 2025 00:00:00 +0530 Tue, 30 Dec 2025 09:29:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=784177 The dominant issue was the validity of a notice issued under s.153C of the IT Act in the absence of a duly recorded satisfaction note. The HC held that recording a satisfaction note by the jurisdictional AO is a mandatory jurisdictional precondition, and the note relied upon was undated and was furnished to the assessee only after more than two years, undermining the statutory requirement and vitiating the assumption of jurisdiction. Consequently, the impugned s.153C notice for AY 2015-16 and all consequential proceedings were quashed and set aside. Case-Laws Income Tax Mon, 22 Dec 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=784177