https://www.taxtmi.com/caselaws?id=789388 Section 153C proceedings require a valid satisfaction note recorded within a reasonable time and not after completion of the searched person's assessment beyond the permissible period. The article notes that, where the assessment of the searched person had already been completed and the satisfaction notes in both cases were recorded later, the jurisdictional basis for initiating section 153C action was treated as invalid. On that footing, the reassessment orders were quashed in favour of the assessee. en-us Fri, 27 Feb 2026 00:00:00 +0530 Wed, 08 Apr 2026 08:56:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=789388 Section 153C proceedings require a valid satisfaction note recorded within a reasonable time and not after completion of the searched person's assessment beyond the permissible period. The article notes that, where the assessment of the searched person had already been completed and the satisfaction notes in both cases were recorded later, the jurisdictional basis for initiating section 153C action was treated as invalid. On that footing, the reassessment orders were quashed in favour of the assessee. Case-Laws Income Tax Fri, 27 Feb 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=789388