https://www.taxtmi.com/caselaws?id=791398 Under the amended section 153C of the Income-tax Act, jurisdiction for search-based assessment of a non-searched person depends on the statutory cut-off introduced by the Finance Act, 2021. Where the satisfaction note was recorded on 28.09.2021 and the record did not show that seized material had been received by the Assessing Officer earlier, the notice and assessment under section 153C were treated as without jurisdiction. Once this jurisdictional defect was found, the addition on merits was not separately sustained and the assessments were quashed. en-us Mon, 30 Mar 2026 00:00:00 +0530 Mon, 11 May 2026 09:50:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=791398 Under the amended section 153C of the Income-tax Act, jurisdiction for search-based assessment of a non-searched person depends on the statutory cut-off introduced by the Finance Act, 2021. Where the satisfaction note was recorded on 28.09.2021 and the record did not show that seized material had been received by the Assessing Officer earlier, the notice and assessment under section 153C were treated as without jurisdiction. Once this jurisdictional defect was found, the addition on merits was not separately sustained and the assessments were quashed. Case-Laws Income Tax Mon, 30 Mar 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=791398