https://www.taxtmi.com/caselaws?id=792765 Jurisdiction under section 153C must rest on a year-wise satisfaction note linked to the seized material for the specific assessment year or years affected; a consolidated or omnibus note without bifurcation of the incriminating material cannot validly found jurisdiction. On that basis, the assessment was held void for lack of proper jurisdictional foundation, and the consequential revisionary order under section 263 also failed because it could not survive independently once the underlying assessment was quashed. The relief was therefore granted to the assessee. en-us Fri, 22 May 2026 00:00:00 +0530 Tue, 02 Jun 2026 15:38:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=792765 Jurisdiction under section 153C must rest on a year-wise satisfaction note linked to the seized material for the specific assessment year or years affected; a consolidated or omnibus note without bifurcation of the incriminating material cannot validly found jurisdiction. On that basis, the assessment was held void for lack of proper jurisdictional foundation, and the consequential revisionary order under section 263 also failed because it could not survive independently once the underlying assessment was quashed. The relief was therefore granted to the assessee. Case-Laws Income Tax Fri, 22 May 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=792765