https://www.taxtmi.com/highlights?id=97016 The article addresses the requirement that assumption of jurisdiction under section 153C requires a contemporaneous, written and year specific satisfaction by the Assessing Officer linking seized material to each assessment year; consolidated or blanket satisfaction spanning multiple years without year wise nexus is legally insufficient. Applying this principle, assessments founded on such undifferentiated satisfaction notes are unsustainable and liable to be quashed as void ab initio where no year specific incriminating material is shown to relate to the assessee for the years under consideration. en-us Thu, 19 Feb 2026 14:07:01 +0530 Thu, 19 Feb 2026 14:07:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=97016 The article addresses the requirement that assumption of jurisdiction under section 153C requires a contemporaneous, written and year specific satisfaction by the Assessing Officer linking seized material to each assessment year; consolidated or blanket satisfaction spanning multiple years without year wise nexus is legally insufficient. Applying this principle, assessments founded on such undifferentiated satisfaction notes are unsustainable and liable to be quashed as void ab initio where no year specific incriminating material is shown to relate to the assessee for the years under consideration. Highlights Income Tax Thu, 19 Feb 2026 14:07:01 +0530 https://www.taxtmi.com/highlights?id=97016