https://www.taxtmi.com/caselaws?id=789407 Assessment proceedings initiated under section 153C were held to be without jurisdiction because the search and the corresponding satisfaction note related to a search initiated on 3 February 2021, while the amended legal position from 1 April 2021 rendered section 153C inapplicable to searches initiated on or after that date. The initiation of proceedings was therefore invalid, and the consequent assessment could not be sustained. The jurisdictional objection went to the root of the matter and the assessment order was quashed. en-us Wed, 25 Mar 2026 00:00:00 +0530 Wed, 08 Apr 2026 08:56:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=789407 Assessment proceedings initiated under section 153C were held to be without jurisdiction because the search and the corresponding satisfaction note related to a search initiated on 3 February 2021, while the amended legal position from 1 April 2021 rendered section 153C inapplicable to searches initiated on or after that date. The initiation of proceedings was therefore invalid, and the consequent assessment could not be sustained. The jurisdictional objection went to the root of the matter and the assessment order was quashed. Case-Laws Income Tax Wed, 25 Mar 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=789407