https://www.taxtmi.com/caselaws?id=789951 Section 153C satisfaction must clearly record that seized material has a bearing on determination of the assessee's total income; absent that definite nexus, jurisdiction to proceed is vitiated. The Tribunal held that the impugned common satisfaction note, recorded after search, did not expressly link the seized material with the assessee's taxable income for the relevant assessment years. Rejecting the Revenue's contention that the word "bearing" was not mandatory, it treated the deficiency as a jurisdictional defect and quashed the assessments in favour of the assessee. en-us Tue, 24 Mar 2026 00:00:00 +0530 Fri, 17 Apr 2026 08:21:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=789951 Section 153C satisfaction must clearly record that seized material has a bearing on determination of the assessee's total income; absent that definite nexus, jurisdiction to proceed is vitiated. The Tribunal held that the impugned common satisfaction note, recorded after search, did not expressly link the seized material with the assessee's taxable income for the relevant assessment years. Rejecting the Revenue's contention that the word "bearing" was not mandatory, it treated the deficiency as a jurisdictional defect and quashed the assessments in favour of the assessee. Case-Laws Income Tax Tue, 24 Mar 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=789951