https://www.taxtmi.com/caselaws?id=789745 Section 153C jurisdiction requires a clear, reasoned satisfaction note based on seized material that belongs to, relates to, or has a bearing on the assessee's income. Where the Assessing Officer fails to establish a definite nexus between the seized documents and the assessee, the initiation of reassessment proceedings is vulnerable. On the facts noted, the Tribunal found the satisfaction recorded to be deficient and non-mechanical, so the assessee's challenge to the validity of the section 153C proceedings was accepted and the corresponding grounds were allowed. en-us Thu, 12 Feb 2026 00:00:00 +0530 Tue, 14 Apr 2026 08:03:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=789745 Section 153C jurisdiction requires a clear, reasoned satisfaction note based on seized material that belongs to, relates to, or has a bearing on the assessee's income. Where the Assessing Officer fails to establish a definite nexus between the seized documents and the assessee, the initiation of reassessment proceedings is vulnerable. On the facts noted, the Tribunal found the satisfaction recorded to be deficient and non-mechanical, so the assessee's challenge to the validity of the section 153C proceedings was accepted and the corresponding grounds were allowed. Case-Laws Income Tax Thu, 12 Feb 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=789745