https://www.taxtmi.com/caselaws?id=467607 Section 153C jurisdiction was examined on the basis of a common satisfaction note covering assessment years 2012-13 to 2018-19. The Tribunal's view was that satisfaction must be recorded year-wise for the relevant assessment year, and that a consolidated note for multiple years vitiates the assumption of jurisdiction. Because the jurisdictional challenge went to the root of the proceedings, the additions were treated as academic. On that basis, the combined satisfaction note was said to invalidate the section 153C proceedings and the assessment was quashed. en-us Fri, 12 Sep 2025 00:00:00 +0530 Wed, 25 Mar 2026 11:19:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=467607 Section 153C jurisdiction was examined on the basis of a common satisfaction note covering assessment years 2012-13 to 2018-19. The Tribunal's view was that satisfaction must be recorded year-wise for the relevant assessment year, and that a consolidated note for multiple years vitiates the assumption of jurisdiction. Because the jurisdictional challenge went to the root of the proceedings, the additions were treated as academic. On that basis, the combined satisfaction note was said to invalidate the section 153C proceedings and the assessment was quashed. Case-Laws Income Tax Fri, 12 Sep 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=467607