https://www.taxtmi.com/caselaws?id=791515 Section 153C jurisdiction requires incriminating material belonging to or relating to the assessee, supported by independent corroboration. A seized sale agreement found in a third party's premises, signed only by the purchaser and not by the vendors, was held insufficient by itself to link the assessee to the document. The satisfaction note also relied solely on that same document and did not identify additional material establishing jurisdiction. Deficiencies in the satisfaction note could not be cured later on appeal. On that basis, initiation under section 153C was invalid and the assessment made under it was unsustainable. en-us Mon, 30 Mar 2026 00:00:00 +0530 Mon, 01 Jun 2026 11:11:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=791515 Section 153C jurisdiction requires incriminating material belonging to or relating to the assessee, supported by independent corroboration. A seized sale agreement found in a third party's premises, signed only by the purchaser and not by the vendors, was held insufficient by itself to link the assessee to the document. The satisfaction note also relied solely on that same document and did not identify additional material establishing jurisdiction. Deficiencies in the satisfaction note could not be cured later on appeal. On that basis, initiation under section 153C was invalid and the assessment made under it was unsustainable. Case-Laws Income Tax Mon, 30 Mar 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=791515