https://www.taxtmi.com/caselaws?id=789026 Initiation of proceedings under section 153C was held mechanically invalid because the satisfaction note did not expressly record that the seized material had a bearing on determination of the assessee's total income. Applying the Tribunal's earlier view on identical wording, the absence of such recorded satisfaction made the jurisdictional foundation unsustainable, and the assessments framed pursuant to that note were vitiated. The satisfaction note and the consequential assessments under section 153C were quashed in favour of the assessee. en-us Wed, 25 Feb 2026 00:00:00 +0530 Thu, 02 Apr 2026 08:50:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=789026 Initiation of proceedings under section 153C was held mechanically invalid because the satisfaction note did not expressly record that the seized material had a bearing on determination of the assessee's total income. Applying the Tribunal's earlier view on identical wording, the absence of such recorded satisfaction made the jurisdictional foundation unsustainable, and the assessments framed pursuant to that note were vitiated. The satisfaction note and the consequential assessments under section 153C were quashed in favour of the assessee. Case-Laws Income Tax Wed, 25 Feb 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=789026