https://www.taxtmi.com/caselaws?id=792190 For proceedings under section 153C of the Income-tax Act, proper satisfaction that seized material pertains to or relates to the third party assessee is a jurisdictional condition precedent. Where the Assessing Officer does not record such satisfaction in the required manner, jurisdiction to frame the assessment fails. Applying that principle, the Tribunal held the assessments under section 153C read with section 143(3) could not be sustained and quashed them for want of proper satisfaction. en-us Wed, 22 Apr 2026 00:00:00 +0530 Fri, 22 May 2026 12:37:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=792190 For proceedings under section 153C of the Income-tax Act, proper satisfaction that seized material pertains to or relates to the third party assessee is a jurisdictional condition precedent. Where the Assessing Officer does not record such satisfaction in the required manner, jurisdiction to frame the assessment fails. Applying that principle, the Tribunal held the assessments under section 153C read with section 143(3) could not be sustained and quashed them for want of proper satisfaction. Case-Laws Income Tax Wed, 22 Apr 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=792190