https://www.taxtmi.com/caselaws?id=787311 Jurisdictional satisfaction for reopening must state that material seized from a searched person is likely to affect determination of income for each specific assessment year; an aggregated satisfaction note covering multiple years without year wise identification of incriminating material fails to evidence the requisite opinion and therefore cannot sustain assumption of jurisdiction for reopening. The operative effect is that assessments framed on the basis of such an invalid consolidated satisfaction note lack a jurisdictional foundation and are vulnerable to being quashed. en-us Thu, 26 Feb 2026 00:00:00 +0530 Mon, 02 Mar 2026 08:34:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=787311 Jurisdictional satisfaction for reopening must state that material seized from a searched person is likely to affect determination of income for each specific assessment year; an aggregated satisfaction note covering multiple years without year wise identification of incriminating material fails to evidence the requisite opinion and therefore cannot sustain assumption of jurisdiction for reopening. The operative effect is that assessments framed on the basis of such an invalid consolidated satisfaction note lack a jurisdictional foundation and are vulnerable to being quashed. Case-Laws Income Tax Thu, 26 Feb 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=787311