https://www.taxtmi.com/caselaws?id=788961 Section 153C jurisdiction requires satisfaction that seized material belongs or pertains to the non-searched person and bears on that person's total income for each relevant assessment year. A consolidated satisfaction note covering multiple years, without identifying year-wise entries, bifurcating amounts, or establishing the material's nexus with each year, fails this jurisdictional requirement. Although a common satisfaction note may be permissible where it clearly links seized material to the respective years, mechanical consolidation is insufficient. The assessment initiated under section 153C was therefore quashed, and the remaining grounds became academic. en-us Fri, 20 Feb 2026 00:00:00 +0530 Wed, 01 Apr 2026 07:51:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=788961 Section 153C jurisdiction requires satisfaction that seized material belongs or pertains to the non-searched person and bears on that person's total income for each relevant assessment year. A consolidated satisfaction note covering multiple years, without identifying year-wise entries, bifurcating amounts, or establishing the material's nexus with each year, fails this jurisdictional requirement. Although a common satisfaction note may be permissible where it clearly links seized material to the respective years, mechanical consolidation is insufficient. The assessment initiated under section 153C was therefore quashed, and the remaining grounds became academic. Case-Laws Income Tax Fri, 20 Feb 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=788961